Social Sciences, asked by nghjj1659, 1 year ago

Concept of stretch leverage and fit explain

Answers

Answered by writersparadise
2

The Concept of Stretch, Leverage and Fit is used mainly in business economics.

 

In an organisation, maximum strategic intent is achieved by looking and thinking out of the box. In other words, stretching and looking at innovative ways of using resources.

 

This often calls for leveraging of available resources within the organisation and making the best use of them.

 

A strategic fit is achieved by taking into account market opportunities and the capabilities of the organisation.

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