Description
Can you help me answer 2 question in file that I give to you below, please? This paper will turn into website turnitin.com. Please answers carefully and follow instruction. Give resource what you use for the papers. Thanks
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
The file below contain complete work of your assignment. Kindly check it and let me know if you need clarification. Thank you.
GAP MANAGEMENT
1
Gap management
Student’s name
Institutional affiliation
GAP MANAGEMENT
2
Question 1: GAP MANAGEMENT
The concept of gap management sets a suitable platform that harbors the necessary
potential to determine if a given firm is following the right trajectory in consideration with its
goals accomplishment at large(De Jonghe&Öztekin, 2015). Accordingly, thus, gap analysis
simply entails a variety of credible proof of conceptualized ideologies strategically measured
with a view to establishing whether a firm current status quo is mutually aligned with its future
and otherwise projected targets in a bid to achieve a given success rating within the market(De
Jonghe&Öztekin, 2015). In so doing, a firm’s management team is thus able to steer the said
firm’s trajectory towards the right path while aiming towards profit maximization and customer
satisfaction from broader spectrums.
Purpose
A gap analysis enables a firm to effectively determine a firm’s current status in relation to
its current competition, as well as its projected needs. By and large, a company relies on credible
data in a bid to ascertain certa...