sia Flashcards
(9 cards)
1
Q
- high level view of the direction that
an enterprise sets for itself Survival
of an Enterprise a guideline over 3-5
year period in the future
A
Strategic Planning
2
Q
- high level view of the direction that
an enterprise sets for itself Survival
of an Enterprise a guideline over 3-5
year period in the future
A
Strategic Planning
3
Q
- what the
enterprise will pursue during the period
covered by the strategic plan
A
Strategic Direction Statement
4
Q
- determine areas that the
enterprise should focus on to increase its survivability and success, as well as that the
areas that they should avoid or decrease its
exposure to
A
SWOT Analysis
5
Q
- can
be graphical/illustration.
-the enterprise can evaluate the planning
assumptions and expected outcomes in
each scenario and evaluate the relative
merit and danger of pursuing a particular
course of action.
A
Concepts of Operations Scenarios
6
Q
- identifies how the
enterprise will achieve success in pursuing
its stated strategic direction
A
Competitive Strategy
7
Q
competitive strategy is done in two levels:
A
- Strategy Related to
Growth; - More Specific Strategy Related
to Competition and/or Differentiation
8
Q
- long term plan,
-objectives that when achieved together will
ensure survival and attain success
A
Strategic Goals
9
Q
- activities you need to
do to achieve your goals activities chartered
by and support goals
A
Strategic Initiatives