What does the phrase "strategic alternatives" mean?

Answer

"Strategic alternatives" generally refers to an organization's considered plan of action that is consistent with its objectives. In the corporate world, strategic alternatives are often mentioned when dealing with a particular challenge.

Devising strategic alternatives is ideally the result of careful planning and analysis, and it is usually the function of management along with the marketing department. Strategic planning isn't exclusive to business, though. Governments and individuals can also benefit from identifying one or more strategic alternatives that lead to the best possible outcome. Identifying these options allows an individual or entity to face trying circumstances or changing conditions with confidence.

Q&A Related to "What does the phrase "strategic alternatives..."
At Citibank we defined it as an investment that drives a primary business. The theory is that strategic investment is great because it is clearly in your domain and if the business
http://www.quora.com/What-is-the-definition-of-str...
1. Establish the objectives for your marketing plan, based on quantifiable and measurable factors that could include sales, production or cost-reduction goals. 2. Assess the short
http://www.ehow.com/how_7439729_identify-plans-str...
It's used for gaining competitive advantage.
http://wiki.answers.com/Q/What_is_strategic_altern...
It's used for gaining competitive advantage. ChaCha on!
http://www.chacha.com/question/what-is-a-strategic...
Explore this Topic
An alternator is an electric generator that produces alternating current. The generator's coil is rotated, and its spherical path causes it to cut across a magnetic ...
A strategic research is a step-by-step plan of action that gives direction to your thoughts and efforts, enabling you to conduct research systematically and on ...
The term strategic commodity can be defined as a substantial object which is exchangeable with a different product of equivalent nature. This term can also refer ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com