Business Strategy Final Exam Questions And Correct Answers 2024.
"aha" moments boost ____ and help gain ____ - Answer profitability ; competitive advantage a ________ describes the route a firm intends to take in developing and strengthening its business - Answer strategic vision a company exhibits _____ when it relentlessly pursues a determined strategic objective, concentrating the full force of its resources and competitive actions on achieving that obejctive - Answer strategic intent a company's _____ lays out its future direction and business purpose, performance targets, and strategy - Answer strategic plan a firm's strategy is a blend of what 3 things - Answer 1. current strategy elements 2. proactive actions 3. as-needed strategic reactions a strategic vision must be ____ and _____ - Answer DISTINCT and SPECIFIC to a particular org are crafting and executing strategy tasks performed by high-level managers such as CEOs? - Answer NNOOOOOO - a company's overall strategy is a collection of actions and initiatives devised by managers throughout the whole org hierarchy good strategies are ____ from good entrepreneurship - Answer INSEPARABLE good strategy-making always entails astute entrepreneurship in what 2 things... - Answer 1. proactively searching for opportunities to do new things or do existing things in new or better ways
Document information
- Uploaded on
- February 20, 2024
- Number of pages
- 5
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
