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In a very strong economy, where the demand for qualified job applicants exceeds the supply, the environmental characteristic of ____ is likely to be particularly salient for many companies.


What technique would Dofasco most likely have used to keep apprised of environmental changes that could impact how the company does business?

enviornmental scanning

Over the past 20 years, which of the following is an industry that has experienced both the stable and dynamic environments predicted by punctuated equilibrium theory?

airline industry has had periods of stability followed by those of change= puncutated equlib

An emphasis on ____ is likely to decrease opportunistic behavior but will never completely eliminate it.

relationship behavior

specific enviornment

costumer component,supplier,regulation,adcovacy

____ is used to refer to a company's practice of identifying and addressing customer trends and problems after they occur.

Reactive customer monitoring

cognative maps

relationship between enviornment and possible actions

consistent orginazational culture

strong like mcdonalds

competitive intertia

lazyness want to stick to old successful stratedgy

strategic dissonance

managers get diffrent memo dont carry out stratedgy well

core capabilities

managment and porccessses that make you better and enforce your distinctive compentincies

strategic group

core group of companies that top mamangers choose to compare or evaluate stratedgy

positioning strat

cost, differentation, focus

adaptive stratagies

defenders, prospectors, analyzers=middle

formds of global business

exporting cooperative contracts, startegic alliance, wholle owned affiliat


cooperartive contravt pay fee but may lose quality due to control given licensee


coop contract

strategic alliance

mostly in form of joint venture , high failure rater hard to mesh cultures of orginizations and countries

wholly owned affiliates

high risk high reward

global new venture

founded with global stratedgy

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