Question

What are the considerations that an organization takes into account in deciding on its strategic pathway?

What are the considerations that an organization takes into account in deciding on its strategic pathway?

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Answer #1

The considerations that an organisation takes into account in deciding on its strategic pathway are the resources needed and available to the organisation for choosing a strategic pathway. The organisation should consider the opportunities and threats in the external environment and its internal strengths and weaknesses. Organisation should also consider the planned strategic goals while deciding its strategic pathway. Competition also needs to be considered when a organisation decides on its strategic pathway. The macro environment of the organisation is a factor to be considered for an organisation when deciding on its strategic pathway.

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