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business 415 Exam Questions and Answers Graded A+

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business 415 Exam Questions and Answers Graded A+

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business 415 Exam Questions and
Answers Graded A+

What is the essence of strategy? - Correct answer-Knowing where we are, where

we want to be, then developing a plan to get there

What are the key steps on strategic management? - Correct answer-vision, mission,

SWOT, develop plan, implement, evaluate

Name some key people who wrote about strategic management? - Correct answer-

Sun Tzu, Machiavelli, Fredrick Taylor, Porter

What is the difference between a goal and objectives? - Correct answer-Goal,

where you want to go

Objectives, steps on how to get there

What is the difference between a mission and a vision? - Correct answer-Vision,

what you hope to become/be

Mission, your purpose, reason for existing, role in society




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