Organizational Goals
Organizational Planning
Strategic Management
Strategic Tools and Analysis
Business Level Strategies
100
A statement of an organization's fundamental purpose
What is mission
100
Focuses on carrying out tactical plans to achieve operational goals.
What is operational plan
100

What is the name for determining where we were, where we are and  where we are going 

What is the Strategic Planning  Process

100

A tool that looks at organizational strengths and weaknessses. 

What is a SWOT analysis

100
A strategy in which an organization concentrates on a specific regional market, product line, or group of buyers.
What is focus strategy
200
A goal set by and for an organization's top management
What is strategic goal
200
Aimed at achieving tactical goals, is developed to implement specific parts of a strategic plan.
What is tactical plans
200

What is the name of the document that most start up companies use to formulate a plan and later it becomes a strategic plan?

What is a business plan

200

Skills and capabilities that enable an organization to create and implement its strategies.

What is strengths

200
A strategy in which an organization seeks to distinguish itself from competitors through the quality of its products or services
What is differentiation strategy
300
Provides guidance and a unified direction for people in the organization. Promotes good planning. Is a source of motivation and evaluation and control
What is the purpose of organizational goals
300
Plans flow from and must be consistent with tactical plans.
What is operational
300
A comprehensive and ongoing management process aimed at formulating and implementing effective strategies; a way of approaching business opportunities and challenges.
What is strategic management
300

Which of Porters 5 Forces deals with Bargaining power

What is Suppliers or Buyers

300
A model that portrays how sales volume for products changes over the life of products.
What is product life cycle
400
The type of plan that involves upper and middle management and, compared with strategic plans have a somewhat shorter time horizon and a more specific and concrete focus.
What is a tactical plan
400
The planning flow in organizations and the positions responsible for each plan
What is Strategic plans (upper-management) Tactical plans (middle-management) Operational plans (lower-level-management)
400
A strategy helps the organization focus on its operations simultaneously across several industries and several markets.
What is corporate level
400

What is a tool that looks at the external enviornment and evaluates demographics as well as political and social aspects among others as well

What is Pestel

400
A strategy in which an organization operates multiple businesses that are not logically associated with one another
What is unrelated diversification
500
Managers who use goals to assess their subordinates' performance are using goals to help them fulfill the basic managerial function of?
What is control
500
Describe all that is applied to the environmental context and why is it important for organizations to utilize this process.
What is The Organization's Mission Purpose, premises, values, directions Strategic goals - Strategic plans Tactical goals - Tactical plans Operational goals - Operational plans
500

What is the name of the Strategy that happens at the operational level of a business and involves product develpoment and marketing decisions.

What is  Business Level Strategy

500

What is the name of the tool that evaluates Value

What is VRIO

500

Identify and describe Porter’s 3 generic strategies.

What is (1) differentiation: a firm seeks to distinguish itself from competitors through the quality of its products or services; 

(2) overall cost leadership: a firm attempts to gain a competitive advantage by reducing its costs below the costs of competing firms; 

and (3) focus: a firm concentrates on a specific market, product line, or group of buyers.

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