Week 3 Journal Include a cover page and 1-2 pages of reflection regarding what new learnings you've taken away from the week's activities, readings, videos, and other information you found noteworthy....

Running Head: Efficient Business Strategies        1
Efficient Business Strategies         
LEARNING EFFICIENT BUSINESS STRATEGIES
Introduction
    Making adjustments to business strategies in order to increase profitability of the business and to achieve desirable outcomes is an integral part of managing a business. Organisational managers make several adjustments in financial plans and production targets on a quarterly basis so that the organisational goals and objectives can be achieved within the specified budget. Adjustments to plans are also made in order to improve the overall performance of the business in comparison to the previous quarter. This journal shall reflect the knowledge gained from the course material from a specific week.
Making Adjustments to Implement Strategies
    Managers within an organisation make several changes to the plans of the upcoming quarter based on the results of the strategies implemented in the previous quarter (Hyväri, 2016). It is extremely important to align the business strategies with the overall goals of the organisation, for which it is important and significant to analyse the outcomes of the strategies that have already been implemented in the previous quarter. Adjustments are an...