Strategic Management
Cards (28)
- is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage.
- it implements a strategy that creates superior value for customers and that its competitors are unable to duplicate or find too costly to imitate
- It excesses of what an investor expects to earn from other investments with a similar amount of risk.
- is an investor's uncertainty about the economic gains or losses that will result from a particular investment.
- It is equal to those an investor expects to earn from other investments with a ith a similar amount of risk.
- is the full set of commitments, decisions, and actions required for a firm to achieve strategic competitiveness and earn above-average returns.
- It is a fundamental nature of competition in many of the world's industries is changing Although financial capital is no longer scarce due to the deep recession, markets are increasingly volatile.
- it is describing competition that is excessive such that it creates inherent instability and necessitates constant disruptive change for firms in the competitive landscape.
- is one in which goods, services, people, skills, and ideas move freely.
- is the increasing economic interdependence among countries and their organizations reflected in the flow of goods and services, financial capital, and knowledge acrosa country borders.
- It is related trends and conditions can be placed into three categories: technology diffusion and disruptive technologies, the information age, and increasing knowledge intensity.
- It is the speed at which new technologies become available and are used, has increased substantially over the past 15 to 20 year.
- It is a dramatic change in information technology (IT) have occurred in recent years.
- It is the basis of technology and its application.
- It is a set of capabilities used to respond to various demands and opportunities existing in a dynamic and uncertain competitive environment.
- It is the set of factors that directly influences a firm and its competitive actions and responses.
- It is a most firms face external environments that are turbulent, complex, and global conditions that make interpreting those environments difficult.
- It is a condition in the general environment that, if exploited effectively, helps a company reach strategic competitiveness.
- It is a condition in the general environment that may hinder a company's.efforts to achieve strategic competitiveness.
- It is a concerned with events and trends in the general environment at a point in time.
- It is the objective is to determine the timing and significance of the effects of environmental changes and trends that have been identified.
- It is a composed of segments that are external to the firm. Although the degree of impact varies, these environmental segments affect all industries and the firms competing in them.
- It is a concerned with a population's size, age structure, geographic distribution, ethnic mix, and income distribution.