Strategies Flashcards

1
Q

Develop a regulatory compliance strategy (in steps)

DUCTP

A
  1. Determine goals
  2. Understand laws/regulations
  3. Create policies
  4. Train employees
  5. Plan for audits

https://www.jdsupra.com/legalnews/6-steps-to-implementing-an-effective-1036202/

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2
Q

Establish strategic relationships with others

IPBID

https://www.prsa.org/article/5-tips-for-strategically-building-relationships

A
  1. Identify desired relationships
  2. Pros/cons
  3. Boundaries
  4. Invest in them
  5. Deep, not wide
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3
Q

Steps in Business strategy planning
GCEI

A
  1. Goals
  2. Customers
  3. Employees
  4. Implementation
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4
Q

Steps in Organizational marketing activities planning

A
  1. Customer needs
  2. Marketing goals
  3. Target market
  4. Develop strategy
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