You can never understand the types of organizational structure until you do not have the basic idea of organizational structure. Organizational structure is the arrangement in which the organization works at different levels. Work at different level to achieve its organizational goals and objectives. We may also define organizational structure as the allocation of tasks, coordination and supervision towards the achievements of certain organizational goals. There are different types of organizational structure, which works in different organization to achieve its certain goals and objectives. You need to be aware of them all of these types.
The matching stage of strategy formulation includes an important matrix called internal external matrix (IE). It is similar to both internal factor evaluation (IFE) matrix and External Factor Evaluation (EFE) matrix. The outcomes of external & internal position and weighted score are plotted on it. There are nine cells of Internal External Matrix (IE).
Strategic Management Process
Before talking about the stages of strategic management process, it is important to know what is Strategic management process? Strategic management is that art & science which is related to formulate, implement and evaluate cross functional decisions is helpful in the accomplishment of objectives of the organization. In other words the on-going process, in which broad plans are formulated, implemented & controlled in order to lead the organization towards the achievement of its strategic goals under the provision of its internal & external environment.
There are some of basic strategic management key terms that need to be considered at the beginning in order to completely understand strategic management. These strategic management key terms are eight in numbers and are the base of strategic management.
Cases of economic fraud have multiplied in recent years. But the phenomenon of fraud is not static and every day new methods and methods of defrauding arise, as do social habits and the environment as a whole.