• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 3 out of 25 pages
Exam (elaborations)

MAN 4720 Strategic Management – FIU – 2025/2026 | 200+ Flashcard Q&A on Porter's 5 Forces, Vision & Mission, Balanced Scorecard, CEO Strategy, EO & PESTEL

Document preview thumbnail
Preview 3 out of 25 pages

This high-impact exam guide for MAN 4720 at Florida International University includes over 200 flashcard-style questions and answers, specifically designed for the 2025/2026 academic year. It covers strategic planning models (Five Ps, SWOT, Balanced Scorecard), foundational theories (PESTEL, Porter's Five Forces, Strategic Groups, Value Chain), key concepts (mission, vision, SMART goals), organizational strategy (CEO typologies, entrepreneurial orientation), and performance metrics. Ideal for undergraduate and MBA students studying Strategic Management, Business Administration, or Organizational Leadership. Keywords: strategic management, five p’s, SWOT analysis, vision, mission statement, SMART goals, performance metrics, CEO strategy, balanced scorecard, Porter's five forces, value chain, PESTEL, environmental determinism, entrepreneurial orientation, strategic audit, supply chain, marketing mix, dynamic capability, FIU MAN 4720

Content preview

Man 4720 2025/2026 Exam Questions
and Answers 100% Guaranteed Success
| Already Rated A+



what is strategic management? - 🧠 ANSWER ✔✔More specifically, strategic

management examines how actions and events involving top executives (such as

Steve Jobs), firms (Apple), and industries (the tablet market) influence a firm's

success or failure


five p's - 🧠 ANSWER ✔✔plan


play

pattern

position

perspective


definition of 5 p's - 🧠 ANSWER ✔✔plan-a carefully crated set of steps that a firm

intends to follow in order to be successful




1
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED

,play- a specific move designed to outwit or trick competitors




pattern- the degree of consistency in a firms strategic actions




position- a firms place in the industry relatve to its competitors




perspective- how executives interpret the competitive landscape


intended strategy(non realized) - 🧠 ANSWER ✔✔strategy is the strategy that an

organization hopes to execute. Intended strategies are usually described in detail

within an organization's strategic plan


emergent strategy(realized) - 🧠 ANSWER ✔✔is an unplanned strategy that arises

in response to unexpected opportunities and challenges. Sometimes emergent

strategies result in disasters. Emergent strategies can also lead to tremendous

success.


realized strategy - 🧠 ANSWER ✔✔strategy is the strategy that an organization

actually follows.




2
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED

, Realized strategies are a product of a firm's intended strategy (i.e., what the firm

planned to do), the firm's deliberate strategy (i.e., the parts of the intended strategy

that the firm continues to pursue over time), and its emergent strategy (i.e., what

the firm did in reaction to unexpected opportunities and challenges).

Major steps toward developing the scientific aspect of strategic management were

taken in the early twentieth century by - 🧠 ANSWER ✔✔Frederick W. Taylor


In The Principles of Scientific Management, - 🧠 ANSWER ✔✔Taylor stressed

how organizations could become more efficient through identifying the "one best

way" of performing important tasks.

Two pivotal events that firmly established strategic management as a field of study

took place in 1980 - 🧠 ANSWER ✔✔One was the creation of the Strategic

Management Journal




The second pivotal event in 1980 was the publication of Competitive Strategy:

Techniques for Analyzing Industries and Competitors by Harvard professor

Michael Porter.




3
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED

Document information

Uploaded on
July 22, 2025
Number of pages
25
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$15.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
peralsarahrosa
5.0
(1)
Sold
4
Followers
0
Items
366
Last sold
3 months ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions