Plausible futures Samenvattingen, Aantekeningen en Examens

strategy - Answer-a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management - Answer-combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity - Answer-two or more firms perform at the same level strategic positioning - Answer-position in industry that allows firms to provide value to customers, while controlling costs mission - Answer-...

Strategy Management - An integrative management field that combines analysis, formulation, and implementation in a quest for competitive advantage Strategy - The set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors Good Strategy - A strategy is good when it enables a firm to achieve superior performance. It consists of three elements (1) a diagnosis of the competitive advantage; (2) a guiding policy to address the competitive challenge;...

MGT 8803 Final Exam Questions With Answers 3 factors that effect planning of organization - CORRECT ANSWER- 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - CORRECT ANSWER- 1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating...

MGT 8803 Final Exam Questions With Answers 3 factors that effect planning of organization - CORRECT ANSWER- 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - CORRECT ANSWER- 1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating a...

3 factors that effect planning of organization - CORRECT ANSWER- 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - CORRECT ANSWER- 1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating and directing 4) controlling: observe and anal...

Competitive Advantage - Generating above average returns. Measured relative to other firms. Should rely on a more holistic perspective vs. just using one metric. Strategic Analysis framework - AFI Strategy - quest to gain and sustain competitive advantage over Companies - array of activities vision statement - paints a picture of where a company wants to be Balanced Scorecard - harnesses multiple internal and external performance metrics in order to balance both financial and stra...

strategy a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission reason for existenc...

strategy a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission reason for existenc...

Strategic management - correct answer Integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage Strategy - correct answer A set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors 1. Diagnosis of the competitive challenge 2. A guiding policy to address the competitive challenge 3. A set of coherent actions t...

If God is dead, Ivan Karamazov insists, everything is permitted An invention of the late 1800s: the light bulb The problem of normativity concerns the gap between is and ought Nietzsche wants science to become more playful Dostoevsky: the vision of the anointed inevitably leads to narcissism A two-level theory includes a deep level that ____ what happens at the surface level. determines and explains Doyle's vision is tragic in that Sherlock Holmes has to mak...