Deliberate strategy Study guides, Study notes & Summaries

company strategy - Answer-the set of actions that its managers take to outperform the company's competitors and achieve superior profitability. what makes a competitive advantage sustainable: - Answer-are elements of the strategy that give buyers lasting reasons to prefer a company's products or services over those of competitors--reasons that the competitors are unable to nullify or overcome despite their best efforts. most basic 5 approaches for setting a company apart from rivals and w...

Studying the total business enterprise/Broad topics (Chapter 1) correct answers Environmental Forces: Macro-economic Industry competitive Firm: Managers/Strategists Decisions and actions Effective leadership Resources Capabilities Org. culture Strategy (Chapter 1) correct answers Tactics the govern an individual to make wiser decisions Goals of an organization (Chapter 1) correct answers Firms manage their resources, competitive environment effectively while managing their...

Mintzberg - "Crafting Strategy" correct answers -Equates the process of strategy making to the process of making pottery. -strategies are patterns that are put into action over time; but strategies may emerge in a different direction than tradition has previously held -strategy making must be a deliberate process; thought must precede action. But "strategies can form as well as be formulated" -strategies can emerge any time and at any place; errors themselves may become chances for opport...

MSLC Test 1 Latest 2024 Already Graded A+ NCOPDP Acronym -️️ NCO Professional Development Program Define NCOPDP -️️ Reflects command priorities and expectations for training; managed by SRNCOs/CSM AR 350-1 -️️ Army Training and Leader Development Students may be dismissed from course due to: -️️ Inappropriate conduct Negative attitude/LOM Academic deficiency Illness/Injury Compassionate reasons Retirement Army strategy to guide efforts to train and educate Army leaders: -️...

Entrepreneurship (academic) Process by which individuals pursue opportunities without regard to resources currently controlled Venture Capitalist Art of turning an idea into a business What do entrepreneurs do? assemble and integrate resources needed to transform an invention or idea into a viable business Four primary Characteristics of successful entrepreneurship 1. Passion for venture 2. Tenacity despite failure 3. Customer focus 4. Execution intelligence Fo...

GEB 4890 Exam One Study Guide Questions And Answers (Verified And Updated) Strategy - answerthe coordinated set of actions that its managers take in order to outperform the company's competitors and achieve superior profitability -Objective of a well-crafted strategy is not merely temporary competitive success and profits in the short run, but rather the sort of lasting success that can support growth and secure the company's future over the long term -Strategy, at its essence, is about...

foot in the door effect - ️️the tendency for a person who has first complied with a small request to be more likely later to fulfill a larger request door in the face effect - ️️the tendency for a person who has refused a major request to subsequently be more likely to comply with a minor request lowball technique - ️️a strategy in which commitment is gained first to reasonable or desirable terms, which are then made less reasonable or desirable obedience - ️️conformity ...

MNG3701_EXAM PACK.100% TRUSTED Answers, guidelines, workings and references.LEARNING UNIT 1 INTRODUCTION TO STRATEGIC MANAGEMENT Define the concept of strategy and briefly explain its relationship to strategic management. Solution Strategy:  It’s generally seen as the result or outcome of fundamentally important pre-emptive, innovative management decisions about an organisation‘s strategic direction and strategic action plans to attain a sustainable competitive advantage and achi...

Strategy - the coordinated set of actions that its managers take in order to outperform the company's competitors and achieve superior profitability -Objective of a well-crafted strategy is not merely temporary competitive success and profits in the short run, but rather the sort of lasting success that can support growth and secure the company's future over the long term -Strategy, at its essence, is about competing differently doing what rival firms don't do or what they can't do De...

SHRM-SCP Practice Questions & ACCWhich strategy for international assignees best helps to improve their overall experience and reduce their sense of isolation? - ANSWER Ensuring that assignees are equipped with communication platforms and technologies" How does HR contribute to diverse locations in a multidomestic strategy? - ANSWER By coordinating subsidiary activities to ensure that culture and policies are consistent with those of the home country, Local culture and values are accommodate...