Mgc Samenvattingen, Aantekeningen en Examens

Market Product Strategies ANSWER: Market Penetration Product Development Market Development Diversification Market Penetration ANSWER: selling MORE products in EXISTING markets Product Development ANSWER: selling NEW products in EXISTING markets Market Development ANSWER: selling EXISTING products in NEW markets (either geographic or new segments)

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...

Strategic Management correct answers An organization's set of commitments and actions intended to create superior value. Strategy correct answers Is the path needed to get from Point A (where we are today) to Point B (where we want to be). Involves long-term thinking. OR Integrated and coordinated set of actions designed to create a sustainable advantage over competitors. Involves long-term thinking. Tactics correct answers Steps along the way within strategic planning. Differe...

Strategy correct answers an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Core Competencies correct answers unique capabilities of a firm that service as a source of competitive advantage for a firm over its rivals. Strategic competitiveness correct answers achieved when a firm successfully formulates and implements a value-creating strategy Competitive advantage correct answers achieved when a firm's cu...

What is strategy? correct answers A integrated and coordinated SET of COMMITMENTS and ACTIONS designed to exploit CORE COMPETENCIES and gain a COMPETITIVE ADVANTAGE When does a firm have a competitive advantage? correct answers A firm has a competitive advantage when by implementing a chosen strategy, it creates SUPERIOR VALUE FOR CUSTOMERS and when competitors are NOT ABLE TO IMITATE THE VALUE the firm's products create or find it too expensive to attempt imitation Does always creating m...

Ik ben bij alle colleges geweest en in dit staan alle aantekeningen en de tekst van de slides overzichtelijk. Hierin staat dus alle tentamenstof voor het vak.

operational effectiveness correct answers -performing similar activities (that go into creating, producing, selling, and delivering a product/service) better than rivals perform them -includes but is not limited to efficiency problem with op effectiveness from a competitive standpoint correct answers best practices are easily emulated productivity frontier correct answers the max value a company can deliver at a given cost, given the best available tech, skills, and management technique...

Strategic Competitiveness correct answers is achieved when a firm successfully formulates and implements a value creating strategy strategy correct answers is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage above average returns correct answers are returns in excess of what an investor expects to earn from other investments with a similar amount of risk risk correct answers is an investors uncertainty ab...

BEHS 380 Ende of Life: Issues and Perspectives. UMGC Quiz 1 spring 2024 with complete solution Stephen Cave identifies each of the follow as a form of immortality story, EXCEPT a) Pet-ownership b) Resurrection c) Elixers d) Legacy Which of the following is a key point in Terror Management Theory, according to Tomer? a) People who do not think about death cause more traffic accidents than those who do. b) A key way that people protect themselves from the terror of death is...

TL AMGC (TROOP LEADER AMGC) SOLVED 100% CORRECT!!