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...

Globus Test 1-100% Solved 2024 A term described as an integrative management field that combines analysis, formulation and implementations in the quest for competitive advantage. - Answer- Strategic Management Identify "Strategic commitments" as a formulated strategy and using policy - Answer- Strategic commitments are effective guiding policies such as sizable investment or changes o an organizations incentives and reward systems. These are big changes that can't be easily reversed. ...