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Ecological forces in business plan

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BMW Group sets strategic course for future

(PDF) Tesla Strategic | victor sule -

Sustainability is the capacity to endure in a relatively ongoing way across various domains of life. It is also defined as the process of people maintaining change in a homeostasis -balanced environment , in which the exploitation of resources , the direction of investments, the orientation of technological development, and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. Sub-domains of sustainable development have been considered also: cultural , technological and political. Sustainability can also be defined as a socio-ecological process characterized by the pursuit of a common ideal. However, by persistently and dynamically approaching it, the process results in a sustainable system.

Tesla Strategic Plan..pdf

We live in a dynamic environment that changes all the time. Businesses must understand the changes in the environment and how these changes affect their performance. The process of thinking strategically requires that managers understand how the structure and competitive dynamics of their industry affect the performance and profitability of their companies. Armed with an appreciation of the forces in their industry that give rise to opportunities and threats, managers should be able to make better strategic decisions. It is broad and ever changing as its separate elements interact.
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