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What is Strategic Management?
It’s important to understand what strategic management is before writing strategic marketing assignments. Strategic Management refers to the art of decision formulating, evaluating and implementing for the purpose of to achieve an organization’s objectives. It is also referred as Strategy Planning. It plays a vital role in developing the policies and plans in order to achieve goals of an organization.
Integrating management, marketing, accounting, finance, operations, computer information, production, research and development are some fields in which strategic management has its active involvement. According to Peter Drucker, “Strategic Management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. Some of the most important issues in Strategic Management cannot be quantified at all.”
Concepts of Strategic Management:
Before writing strategic management assignments it’s quite important know the concepts on which strategic management is based. There are some important concepts of Strategic Management which focuses on overall development of an organization. The concepts are:
- Long term plan: What are the objectives of an organization is the question here in this concept. The most important concept of Strategic Management involves in focus on a long term development plan to run an organization effectively and attain the objectives of it.
- Allocation of Resources: This concept concerns with planning required measures to be taken to complete and attain the objectives of an organization and strategically planning about the allocation of resources needed for doing so.
- Synthesize: This concept deals with planning a set of company activities as such that all activities align together to achieve the goal or objective and support the chosen strategy of an organization.
How to write Strategic Marketing Management Assignments?
Introducing the Topic:
An introduction is the very first part of an assignment. It is the part of the assignment to make impression on the reader in such a way that the reader should get interested to read the whole assignment. It should be written clearly identifying the objective of the topic undertaken. It should start with a hook and should not be written in an elaborative way. It should be brief yet effective to grab the attention of the reader.
Strategic management assignment is a part of the executives which involves the plan and usage of key goals and recommendations that are drawn by the administration of an association while considering the inward and outside condition of the association.
The significance of strategic management is tied in with recognizing vital goals of the association, making strategies and plans to achieve those destinations and afterward in the wake of doling out assets to actualize the plans. The two job of strategic management inside an association are the Formulation and Implementation of the techniques.
In respect to what ought to be the measures taken to accomplish the goals figured in the past advance ought to be composed. Each partner identifying with the association ought to be engaged with the arrangement. This includes the planning of a strategic manager that perceives key parts (like market, activities, funds, workplace and so on.) and guides them towards the accomplishment of the goals. Here ordinarily Balance scorecards are utilized to adjust the authoritative vision and from that point.
The conclusion is said to be the essence of an assignment as it concludes your view on the topic undertaken. The assignment should not end abruptly. An assignment without a conclusion seems unfinished and absurd. Conclusion is a succinct summary of the main points which are focused in the assignment. It should be written a brief and precise manner.
This part of the assignment deals with an overview of what you have written throughout the assignment. Signposting comes after introduction. Every argument should be marked properly to highlight it to the reader. Sub headings should be made to state something different and guide the reader. It is the roadmap or outline of the assignment.
Research, rechecking and editing:
The structure of the assignment should be checked to avoid any mistake in it as a perfectly structured assignment grabs the attention of the reader. To write in a clear, lucid and precise way should be a priority. As too much tough language can alienate the reader from reading the assignment. Ever spelling or grammatical error should be corrected so that the assignment may not look absurd.
Proof reading should be done to get a faultless assignment and perfect marks. Any signposting mistake should be corrected with the help of editing. Proper research for the topic should be done to get a better view on the topic as it will lead to help you in making the topic understand to reader more efficiently. Research is the most integral part for writing any type of assignment.
Citations play vital role in supporting the arguments you give while explaining certain points of the topic undertaken. Intact citations are necessary to provide a base to your arguments. Along with it should be also kept in mind that the content used in assignment writing should be plagiarism free. No plagiarism policy should be followed throughout writing an assignment.
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