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In order to achieve this, several optional decisions were made every week.
HISTORY ON MOTORING INDUSTRY
Strategy can be defined as, “…the direction and scope of an organisation over the long-term, which achieves advantage in a changing environment, through its configuration of resources and competences, with the aim for fulfilling stakeholders expectations”.
(Johnson, G, 2006)
Strategy adapts to an organisation, vividly depending on their industry. Strategic decisions are made in an industry to help finalise their decision, if there is a need for a change to be adopted. The aim of strategic decisions was trying to have an advantage in the organisation and stay ahead of rivals...
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