Strategic Management

Moneygram strategical ManagementIntroductionBusiness administration and realityagement characterizes the process of leading and tell the systems within an governance by exhausting available resources extensively so as to achieve the objectives of the contrast operation (Cemal , and Keskin , 2003 . It near of the time includes the conceptualization of business plans and monitoring its execution for judgment and evaluation of the efficiency and effectiveness of the business transactions . Strategic oversight is the process of identifying and enumerating the aims of the organizations in to come up with give out business policies and plans from which the pro sum up of the business organization will be fully maximized (Appelbaum St . Pierre Glavas , 1998The advances in technology and the fast modernization of the world , in oecumenic , opened new and precise promising avenues of business opportunities not just in an single s locale but also abroad . A great deal of business-minded individuals from different countries with different nationalities and cultural orientation have and continuously defied the geographic boundaries that exist between continents . This is evident in the development number of internationally-operating business firms all over the world put out by entrepreneurs of varying race and culture . The information man has successfully rebelled against intercontinental bs and the challenge that confronts him the most , deals with how to fit and blend in the new cultural environment in which their businesses are situatedThis presents critical analysis and discussions regarding the management strategies and options of the case of Moneygram in line with the money transfer market liberalization . As such , the business strategies of the gild were examined along with the confounding variables that nowadays and indirectly affect the entire management and trading operations of the business enterpriseSWOT AnalysisStrengths . Along with the Money transfer market liberalization Moneygram was tending(p) exclusive markets weighing up to 50 grams instead of the one C grams allowance . This opened possibilities for a 5 increase in revenue of the company .

Since the restructuring and the commercialization of the formerly state-owned business was do possible by legal changes on the overall building of the run , the changes that transpired within the company are supported by the law . The company highlighted the improvements in the business aspect of the organization through modern technological infrastructure to modernize the company . These technologies make it possible for the business organization to function efficiently and serve the large customer-base who depends on the energy products and services of the general public as well as the commercial establishments in the region (Hunter , 2003 Extensive investments in automation and standardization of the management improved the quality of the services offered and the value of customers being served . Since the operations and projects initiated by the company are conducted and facilitated following the international standards , the products and services it offers are controlled and monitored with the aim to maintain quality and reliability through the certifications that the organization was able to earnWeaknesses . However , the Money transfer market liberalization resulted to increased number of competitors in the domestic as well as...If you want to get a full essay, evidence it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper