5 Written questions
5 Matching questions
- Strategic dissonance
- Stability strategy
- Secondary firms
- Corporate-level strategy
- a a strategy that focuses on improving the way in which the company sells the same products or services to the same customers
- b a discrepancy between upper management's intended strategy and the strategy actually implemented by lower levels of management
- c a company with a small share of a slow-growing market.
- d the overall organizational strategy that addresses the question "What business or businesses are we in or should we be in?"
- e the firms in a strategic group that follow related, but somewhat different strategies than do the core firms
5 Multiple choice questions
- : the firms in a strategic group whose strategies are changing from one strategic position to another
- Profits,Sales Growth, and Return on Investment
- : a committee within a company that analyzes the company's own weaknesses to determine how competitors could exploit them for competitive advantage.
- a group of companies within an industry that top managers choose to compare, evaluate, and benchmark strategic threats and opportunities.
- strategy that focuses on turning around very poor company performance by shrinking the size or scope of the business
5 True/False questions
Cash cow → a company with a large share of a slow-growing market
The best type of portfolio strategy may be WHAT? → related diversification
Risk Taking → entrepreneurial firms are willing to take risks that could result in costly failures.
Entrepreneurship → the process of entering new or established markets with new goods or services. (know characteristics for this)
Growth strategy → a strategy that focuses on increasing profits, revenues, market share, or the number of places in which the company does business.