Strategic Management
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Introduction Strategic management is a core requirement in organizations due to it capability of enhancing the operations and competitiveness in the market. Organizations that employ powerful strategies management in undertaking their operations have the potential of penetrating the market efficiently and effectively since, it allows the management to identify and execute strategic plans timely. Furthermore, the management is able to match the abilities of the firm with it environment demands (Witcher & Chau, 2010). Consequently, the strategic management that has been adopted by Firefox in entering the telephone industry has the potential of improving it service delivery significantly.
Firefox Strategic Management One of the aspects that demonstrates that Firefox strategy management has the capability of enhancing it operations is it current business definition. The strategic plan of the entity has come up with a brilliant description on the business the firm should operate on due to it current capabilities. Consequently, the firm strategic plan has identified the line of mobile phone services to offer. In addition, the strategic plan has established how the firm will continue differentiating it product from that of competitors to improve it attractiveness in the market. This has been informed by the strengths, weaknesses, threats and opportunities in the mobile phone market that will determine it future operations and survival (Morden, 2007). Thus, the mobile phone business operations the firm is considering to undertake are founded strongly since they are inspired by the ability of the firm in delivering such services in the market. This will help he firm in coming up with products that are superior compared to the ones offered by rival entities in the market. Furthermore, the product innovation