Difficulties with Implementing Strategy (AQA A-Level Business): Flashcards

They focus on future outcomes with unpredictable factors

Strategy planned out before action is taken to implement it

Strategy that develops over time as patterns of behaviour

Strategy becomes less and less suited to business environment

Removing management layers from a company

Owner(s) of firm no longer in day-to-day control

Power structure describing how decisions should be made

Account for potential internal changes in the business

Less working capital available for day-to-day activities

Transformational change for business survival