In gap planning examination, investigators may also hear about a shift chart or changeagenda.

STRATEGIC MANAGEMENT

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In gap planning examination, investigators may also hear about a “shift chart” or “changeagenda”.

A	True
B	False

Explanation:

Detailed explanation-1: -The three fundamental components of a gap analysis are the current state, desired state, and the gap. The current state is how business procedures and processes are being used. The desired state is where the company wants to be in the future. This usually includes improved efficiency and effectiveness.

Detailed explanation-2: -Strategic gap analysis measures the difference between an ideal outcome and the real outcome. The analysis identifies the steps that must be taken to close that gap. For a business or other organization, the analysis can lead to an action plan for greater success.

Detailed explanation-3: -A gap analysis process allows organizations to determine how to best achieve their business goals. It compares the current state with an ideal state or goals, which highlights shortcomings and opportunities for improvement. How do you know what to trim, fix, expand, or change to get your business to the next level?

There is 1 question to complete.

BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT