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To link claims with mission of the company
While satisfying claims, of various parties involved with the company, on selective method, mission of the company is kept in the center. (1) It is obvious that customer related claims…
To ascertain selection sequence of satisfaction of claims
Company ascertains selection sequence of claims, for satisfaction of all parties, keeping limitations of resources with the company and internal as well external environment into account. This sequence is related…
To maintain balance among contradictory claims
There may be contradiction among claims of all parties, involved with the company, and therefore “common interest” factor of all claims should be kept into account. Moreover out of claims…
To understand claims of each claimant in respect of company’s capacity
Various parties, which are involved with the company, have many expectations from the company. Among these, maintenance of their interest and increase in it are main expectation. It is not…
Strategic Management of Claimant Approach
Each party involved with the company, expects from the company that their interest would be taken care of. It is difficult for the management, to take care of interest of…
Claimant approach of the responsibility the company
1. Introduction: Various parties are involved with the company and they have certain expectations from the company. It is difficult for the company to satisfy expectations of each party, keeping…
Limitations of Strategic Management
Strategic process is not a short term process. For this the officers and employees have to sacrifice for a long time. For the implementation of strategy necessary changes have to…
Advantages of Strategic Management
The Concept of Strategic management became well accepted in the field of business and that proves it utility. For maximum utilization of resources and to earn maximum return on investment…
