Strategic Management Flashcards
(13 cards)
1
Q
Strategic Management
A
Strategy to match org. to ext. environment
1
Q
Strategic Decision-Making
A
Long-term focusing on direction and scope of organization
2
Q
Strategy
A
Vague, Analysis and Innovation
3
Q
Planning
A
Specific, systematic, deductive
4
Q
strategy analysis
A
internal and external (swot)
5
Q
strategy direction
A
mission, vision, objectives
6
Q
strategy formulation
A
strategic options
7
Q
strategy implementation
A
deployment of strategy
8
Q
strategy evaluation
A
performance measurement
9
Q
Cost Leadership
A
supplying products and services at lowest cost to many customers
9
Q
KPD
A
Key Performance Indicators
10
Q
differentiation
A
differentiated sets from competitors
11
Q
A
