Other Benefit That Strategic Management Offers Flashcards
(12 cards)
Other Benefit that Strategic Management Offers
It allow for __________, ____________ and __________ of opportunities.
identification, prioritization, and exploitation
Other Benefit that Strategic Management Offers
It provides an objective view of ___________ problems.
management
Other Benefit that Strategic Management Offers
It represents a framework for improved _________ and ________ of activities.
coordination
control
Other Benefit that Strategic Management Offers
It minimizes the effects of adverse _____ and ______.
condition and changes.
Other Benefit that Strategic Management Offers
It allows major ________ to better support established objectives.
decisions
Other Benefit that Strategic Management Offer
It allows more effective allocation of ______ and ________ to identified opportunities.
time and resources
Other Benefit that Strategic Management Offer
It allows fewer resources and less time to be devoted to correcting _______ or _______ decisions.
erroneous or ad hoc
Other Benefit that Strategic Management Offers
ØIt creates a framework for ___________ among personnel.
internal communication
Other Benefit that Strategic Management Offers
ØIt helps integrate the behavior of individuals into a total effort.
Other Benefit that Strategic Management Offers
ØIt provides a basis for clarifying individual responsibilities.
Other Benefit that Strategic Management Offers
ØIt encourages forward thinking.
Other Benefit that Strategic Management Offers
ØIt provides a cooperative, integrated, and enthusiastic approach to tackling ______ and _________
problems and opportunities.
Other Benefit that Strategic Management Offers
ØIt encourages a favorable _______ toward change.
attitude
Other Benefit that Strategic Management Offers
ØIt gives a degree of ______ and _________ to management of business.
discipline and formality