Ethical Framework: Virtue Ethics
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Ethical philosophy claiming that morality's primary function is to develop
virtuous character
Corporate-Level Strategy
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The way a company seeks to create value through the configuration and
coordination of multi-market activities
In order to evaluate the external fit of a strategy, a firm must ask which of the
following questions?
a. Can the firm effectively execute the strategy?
b. Does the strategy provide a distinct, differentiated, and sustainable position in the
marketplace?
c. Does the strategy fit with the environmental landscape?
d. Does the strategy leverage the firm's key resources?
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c. Does the strategy fit with the environmental landscape?
General Environment : Technological Dimension
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The processes, technologies, or systems that a firm can use to produce
outputs
Managerial Skills
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, Technical Skills
Interpersonal Skills
Conceptual Skills
Ethical Framework: Kantianism
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Ethical philosophy claiming that motives and universal rules are important
aspects in judging what is right or wrong
Three Components of Strategy --> Strategic Positioning
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1. Managing trade-offs
2. Choosing a set of activities
3. Creating fit
Which continent has the highest concentration of trade (i.e., trade among countries
within a particular region)?
a. Europe
b. Africa
c. North America
d. Asia
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, a. Europe
Task Environment: Suppliers
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A company that provides resources or services for a firm to help in its
creation of products and services
Objectives
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Series of quantifiable milestones or benchmarks by which a firm can assess
its progress
Cadmia, a small island nation, recently revised its income-tax law. The new law sought
to increase taxes on wealthy corporations and citizens with higher incomes.
Surprisingly, everyone responded positively to the tax revision as they believed that it
will decrease inequality in the nation. In this scenario, the people of Cadmia have
demonstrated support for:
a. justice
b. procedural justice
c. distributive justice
d. morality
Give this one a try later!
Give this one a try later!
Ethical philosophy claiming that morality's primary function is to develop
virtuous character
Corporate-Level Strategy
,Give this one a try later!
The way a company seeks to create value through the configuration and
coordination of multi-market activities
In order to evaluate the external fit of a strategy, a firm must ask which of the
following questions?
a. Can the firm effectively execute the strategy?
b. Does the strategy provide a distinct, differentiated, and sustainable position in the
marketplace?
c. Does the strategy fit with the environmental landscape?
d. Does the strategy leverage the firm's key resources?
Give this one a try later!
c. Does the strategy fit with the environmental landscape?
General Environment : Technological Dimension
Give this one a try later!
The processes, technologies, or systems that a firm can use to produce
outputs
Managerial Skills
Give this one a try later!
, Technical Skills
Interpersonal Skills
Conceptual Skills
Ethical Framework: Kantianism
Give this one a try later!
Ethical philosophy claiming that motives and universal rules are important
aspects in judging what is right or wrong
Three Components of Strategy --> Strategic Positioning
Give this one a try later!
1. Managing trade-offs
2. Choosing a set of activities
3. Creating fit
Which continent has the highest concentration of trade (i.e., trade among countries
within a particular region)?
a. Europe
b. Africa
c. North America
d. Asia
Give this one a try later!
, a. Europe
Task Environment: Suppliers
Give this one a try later!
A company that provides resources or services for a firm to help in its
creation of products and services
Objectives
Give this one a try later!
Series of quantifiable milestones or benchmarks by which a firm can assess
its progress
Cadmia, a small island nation, recently revised its income-tax law. The new law sought
to increase taxes on wealthy corporations and citizens with higher incomes.
Surprisingly, everyone responded positively to the tax revision as they believed that it
will decrease inequality in the nation. In this scenario, the people of Cadmia have
demonstrated support for:
a. justice
b. procedural justice
c. distributive justice
d. morality
Give this one a try later!
