Strategic Management and Planning
__________ ratios reflect whether or not a firm is efficiently using its resources.
John is looking to buy a camera. He drove 30 minutes past his local electronics store, to go to Just Cameras, a store that specializes in high-end cameras. This is an example of ______.
_____ is a support activity of the value chain.
Organizational values are morals or standards that guide the decisions of leadership.?
Through _____, a firm puts its guiding policy into practice by employing a set of coherent actions.
All objectives should be SMART. The T in SMART stands for ______.
Technology experts in the area of _____ specialize in technology for competitive advantage.
Strategic planning is important because ____________________.
External governance control mechanisms include __________ and ________________.
With experience, unit costs of production decline as _________ increases in most industries.
The primary means by which a firm can diversify are __________, _________, and ________.
Continuous monitoring, in the contemporary approach, is beneficial because _____________.
Descriptive Analytics Includes a summary of historical data, providing information about what has happened.?
In order for marketing (big m) to succeed, it must be championed by __________.
A SWOT analysis measures strengths, weaknesses, opportunities, and ______.
_____ are retailers that compete on the basis of low prices, high turnover, and high volume
Organizational citizenship behavior is a complex phenomenon characterized by altruism, conscientiousness, sportsmanship, and courtesy.v?
Competitive Advantage is a condition that allows a company to maintain a more profitable position in the market than other companies.
Predictive Analytics that identify what is probably to occur.?
Sustainable Development is a?
_____ refers to how much a customer will spend in the future.
The four types of organizational structures are functional, product, matrix, and ______.
A process, cycle, and discipline of knowledge acquisition, knowledge creation, knowledge-sharing, and knowledge application is known as ?
Wicked Problems is a ?
Strategic planning starts by looking at an organization’s ______.
Three or four words that sums up an organization’s vision, mission, culture, or product is known as ?
A firm following a focus strategy must focus on _____________.
Predictive modeling is used to anticipate future trends.
The competitive strategy followed by an organization is derived from the ________ of its industry.
The _____ represents the value added by supporting primary activities of a value chain.
“Achieving athletic excellence” could be an example of Nike’s ______.
Fact-Based Management decisions based on research
Implementing plans is an important stage in the planning process because ________.
A business with a differentiation strategy will _______.
Analytics that identify what should be done about what is likely to occur is known as ?
Analyzing what one puts into the system and what comes out, as a result, is known as ?
A(n) _____ leverages new technologies to attack existing markets.
Which of the following terms is used to describe the top management team members in an organization?
Organizations that exist to accomplish a goal unrelated to making a profit are known as ?
Max depree suggested that a successful entrepreneur could be compared to ________.
A ________ firm uses both online and traditional stand-alone locations.
Mintzberg described organizations in terms of the ______ of different organizational units.
____ refers to unit cost increases associated with a large scale of output.
A key __________ of swot is that it is primarily a static assessment.
_____ denotes the dollar amount a consumer would attach to a good or service.
_________ is another term for a defensive strategy.
In the context of intellectual property, _____ are categorized as industrial property.
A firm that is stuck in the middle cannot develop ________.
A firm's core strategy is its ____ strategy
Three or four words that sum up an organization’s vision, mission, culture, or product is known as?