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{"id":178237,"date":"2022-05-15T07:46:49","date_gmt":"2022-05-15T07:46:49","guid":{"rendered":"https:\/\/qualityassignments.net\/?p=178237"},"modified":"2022-05-15T07:46:49","modified_gmt":"2022-05-15T07:46:49","slug":"strategic-management-in-dynamic-environments-pt-2","status":"publish","type":"post","link":"https:\/\/qualityassignments.net\/2022\/05\/15\/strategic-management-in-dynamic-environments-pt-2\/","title":{"rendered":"Strategic Management in Dynamic Environments Pt 2"},"content":{"rendered":"
\n<\/p>\n

<\/p>\n

You spent the last week reflecting on both your appreciation of Deborah\u2019s praise and the success of the organization, and then had a long weekend with your family. As you walk in to work on Monday, all you can think about is how excited you are about the future of the company.<\/p>\n

You sit down at your desk and get started on your newest marketing proposal for Deborah when there is a knock at your door. When you call for the person to come in, Anna, the financial analyst, enters.<\/p>\n

\u201cGood morning,\u201d she says. You are surprised to see that she looks nervous because Anna usually has a smile on her face.<\/p>\n

\u201cHi, Anna. Is everything okay?\u201d you ask.<\/p>\n

\u201cWell,\u201d Anna begins, \u201cI just finished our quarterly report. Our profit margins have dropped by 2% this quarter.\u201d<\/p>\n

After Anna leaves to send her report to Deborah, you start to wonder how you and your team can help fix this. Is a global strategy the answer, or should the company continue to focus on the domestic market?<\/p>\n

You call a team meeting to learn about the progress of their research.<\/p>\n

Tiffany, one of your team members, begins the discussion. \u201cI think we need to look at some of the internal factors,\u201d she says. \u201cWe know what our capabilities are on the domestic front, but what about in the global market? We have a fairly strong market presence here in higher-end markets, but how does that translate globally?\u201d<\/p>\n

\u201cWell, I think we need to identify a benchmark to give us some more information to make a better decision,\u201d you explain. Answer the following:<\/p>\n