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Exam (elaborations)
J375 Midterm Questions & Correct Answers | Grade A+
Preview 4 out of 40 pages
strategy : -a set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors diagnose : -identifying and describing a challenge or opportunity a business -assess and connect external issues with internal issues to understand the root cause external 3Ds : -macro trends -market conditions -technology changes -industry dynamics internal 3Ds : -competencies -resources 2 -internal processes -firm specific weaknesses -outcome: distill the core issue into a statement or question parts of diagnostic process : -recognize potential challenges and opportunities -analyze the external environment -analyze the internal context -identify root causes and key insights
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