Strategies Flashcards
1
Q
Develop a regulatory compliance strategy (in steps)
DUCTP
A
- Determine goals
- Understand laws/regulations
- Create policies
- Train employees
- Plan for audits
https://www.jdsupra.com/legalnews/6-steps-to-implementing-an-effective-1036202/
2
Q
Establish strategic relationships with others
IPBID
https://www.prsa.org/article/5-tips-for-strategically-building-relationships
A
- Identify desired relationships
- Pros/cons
- Boundaries
- Invest in them
- Deep, not wide
3
Q
Steps in Business strategy planning
GCEI
A
- Goals
- Customers
- Employees
- Implementation
4
Q
Steps in Organizational marketing activities planning
A
- Customer needs
- Marketing goals
- Target market
- Develop strategy