QUESTION 1: DESCRIBE THE BENEFITS OF GOOD STRATEGIC PLANNING? GIVE TWO APPLIED EXAMPLES
QUESTION 2: DEFINE AND GIVE EXAMPLES OF AT LEAST ANY 6 KEY TERMS OF STRATEGIC MANAGEMENT
Strategic Planning
Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working towards common goals, and assess and adjust the organization’s direction in response to a changing environment. Strategic planning benefits include: making an organization’s future happen instead of letting it happen on its own, establish direction, make wise business decisions, create longevity of the business, increased profitability and market share, and increased job satisfaction. Strategic management involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization. The key terms of strategic management include: strategists, mission statements, external opportunities and threats, internal strengths and weaknesses, long-term objectives, and policies. Strategists are the individuals who are most responsible for the success or failure of an organization. They are the individuals who form strategies and vision statements.
Is there an ethical contrast among dynamic and aloof willful extermination? Rachels accepts that there is no ethical distinction between the two. To begin, Rachels utilizes an unmistakable guide to clarify why dynamic killing might be the favored strategy. Lets state that there is a patient who is sick with disease and can just make due for such a long time, as long as they are accepting the treatment.
In the event that the patient concludes that they would prefer not to endure any increasingly, as per a specific regulation, it isn’t right to deliberately slaughter the patient yet passable to retain treatment. In the event that the specialists are to retain treatment, that patient may get by for an all-encompassing timeframe however persevere through a more extended time of agony before kicking the bucket. In the event that the specialist was permitted to make a move and utilize dynamic killing, the patient would have the option to end enduring right away. This is one model where dynamic willful extermination could appear to be no ethically not the same as aloof killing, taking into account that it is in the patient\’s wellbeing.
Rachels likewise utilizes two unique guides to help show how there could be no ethical contrast between the two. Lets state Smith has a kid with Downs Syndrome. On the off chance that the youngster passes on, he will get a lot of cash. Smith chooses to suffocate the kid while it is in the shower and edges it to resemble an accident. In the other model, Jones is in a similar circumstance. The main distinction is that when he goes to suffocate the youngster, the kid has just slipped and fell in the water and can not get up. Jones decides to allow the youngster to kick the bucket. In spite of the fact that the model varies in the technique for youngster biting the dust, the rationale was the equivalent. Letting a youngster pass on is ethically off-base, much the same as straightforwardly slaughtering it.
The primary contention made by Rachels is that there is no ethical contrast among dynamic and aloof killing. Specialists are stressed over the prosperity of a patient and need the patient to abstain from turning into a weight. On account of helping a patient by taking their life, there is no ethical distinction between them. In the event that a specialist murders a patient by dynamic willful extermination, the ethical thinking behind the technique is the same than the thinking behind utilizing aloof killing since they were completed for others conscious reasons.
In spite of what Rachels accepts, Foot believes that there is an ethical contrast among dynamic and aloof willful extermination. One of Foot\’s primary concerns is that there is a contrast between permitting somebody to bite the dust and being the explanation a grouping built up that lead to the passing of an individual. In the event that you permit somebody to kick the bucket, there is no impedance and the individual passed on from whatever characteristic reason or issue happened. On the off chance that an individual meddles however and murders somebody, they are then considered responsible for the casualty.
For instance, Foot utilizes one guide to show how somebody can be the operator of death and be answerable for slaughtering somebody. An underdeveloped nation has no consumable or accessible nourishment and will starve to death.