Using your textbook, LIRN-based research, and the Internet, apply the learning o
ID: 452920 • Letter: U
Question
Using your textbook, LIRN-based research, and the Internet, apply the learning outcomes for the week/course and lecture concepts to a business organization that exhibits and demonstrates these concepts. You should develop a summary of the organizations strategy and how they use these concepts to compete. This is a learning and application exercise designed to give you an opportunity to apply concepts learned in a pragmatic and meaningful way that will enable you to gain valuable and relevant knowledge in an effort to augment your skill set and enhance your professional careers.
Explanation / Answer
Answer: The concepts that are used by the companies for their benefit are:
1. Marketing concepts.
2. HR concepts.
3. Finance concepts.
Companies also makes their strategy on the basis of the concepts that are written in the theory and implement them to make their organization better.
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