Question

A Detailed Pros and Cons analysis with at least 7 Pros and 5 Cons of the Strategic Action. This section should lead with statement that, describes what the strategic action is, what primary level or secondary level strategy the action is meant to achieve, and how that fits with the firm’s Generic Strategy. Then the Pros and Cons will help you evaluate how well the strategic action fulfills the strategy. The pros and cons should not be vague positives from the book or the article but specific to your understanding of the companies involved. Use of Numbers or Bullet points are also strongly recommended for each unique pro or con.

TOPIC- On November 1, Google paid $2.1 billion to acquire Fitbit, one of the most well-known fitness tracker brands in the world

Answer 1

Answer:- In any organization, there can be employees, managers and etc. To lead the team or employees there would be Managers or HRs to correct and detailed processed work that has to be accomplished by the employees for the company and for the welfare of the company. So, Firstly the mangers take a step forward for guiding and to lead the employees. That can be accomplished by the strategic action

In simpler words strategy is a plan that can be planned for employees for the completion of daily, weekly, monthly targets to the company. Mangers have a long vision that they assume and think the prior circumstances before and they act accordingly. Mangers manage employees with quite good impressive, inspiring and friendly nature with the employees and they concern the tasks most. They are the barriers for the employees and the company with high responsibilities.

Pros and Cons of the Strategic Action Plan

• Pros:- Has clarity and concentration on the work.
• It would be zeal to complete the work.
• A good understanding can be capable of.
• Confidence to face the problems can be more.
• The efficiency of the work will be more.
• The market value and stakeholders' value could be in rise high.
• Quick decision planning can be there.
• Appraisal, incentives can be given to the employee.
• Cons:-The future can be unpredictable.
• Flexibility can be impeded.
• Proper planning must be there.
• Time can be consumed more
• Implementation of the work can be a bit more
• It is a difficult process.

The generic firm strategy is about low cost, focus and competitive advantage can be there at the same time the strategic action plan has also get the same similarities with the firm's generic plan so then it is fitted with each other partially.

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