International Strategic Supply Management Term Paper

International strategical Supply direction - Term Paper ExampleIt is the responsibility of the Management to encourage all positive activities by individuals that leads to the attainment of the organic lawal goals and discourage all negative activities that proves to foil the attainment of the organizational goals. All managers essential have a single minded focus on attainment of the organizational goals.The strategic management process means setting the strategy for the organization. It can in any case be defined as the process by which managers make a set of strategies that will alter the organization to perform better, leads towards goal accomplishment and attain distinctive competitive advantage over the competitors.Strategic management is the on going process that evaluates the business, mart and industries in which the organization is involved, evaluates its competitors, and then set goals to project all the present and future competitors and then re-evaluate each stra tegy made. organization culture, organization image, type of business, Organizational structure, Key staff, Access to natural resources, Operational efficiency, Operational capacity, competitors, Market share, Financial resources etc plays a great role in setting organizations strategic management process.Financial market is a place which allows buying and selling activities, there are many manufacturers and consumers available in the market. in that location are many products available of same type hence that raises competition in the market. The organization must(prenominal) set strategies that will enable them to attain distinctive competitive advantage over their competitors. Organization must realize that in todays world innovation is the key. As all the producers are forever and a day trying to get an edge over the other producers in market. The organization must have the high hat knowledge about the market before setting their Strategic