BTMA 317 MIDTERM Questions with complete solution 2023/2024

BTMA 317 MIDTERM Questions with complete solution 2023/2024Michael Porter Strategy - correct answer A competitive strategy is a statement that identifies a business's approach to compete, its goals, and the plans and policies that will be required to carry out those goals - Porter The #1 Purpose of Strategy is - correct answer Alignment Industry Analysis - correct answer 1. Competitive Forces 2. Strategic Alignment 3. Type Of Strategies 4. Strategic Planning Strategic Alignment - correct answer Process and the result of linking an organization's structure and resources with it's strategy and business enviroment. (Business Strategy- Product Strategy, Marketing Stratregy, IT Strategy, Operations Strategy) Why is MIS (BTMA)