BSG
What is one year?
The analyses, decisions, and actions an organization undertakes to create and sustain a competitive advantage.
What is strategic management?
The possibility that profits may be eroded by new competitors in the industry.
What is the threat of new entrants?
A resource-based view (RBV) suggests that resources with these three attributes lead to a competitive advantage.
What is valuable, rare, and hard to duplicate.
What is cost leadership?
The rating representing the style and quality of a company's footwear.
What is S/Q?
The strategic management process, which involves developing a vision & mission and setting strategic objectives.
What is analysis?
Something that may replace your product or service.
What is a substitute?
This analysis looks at the sequential process of value-creating activities.
What is a value-chain analysis?
This strategy requires a narrow or targeted market and competitive advantages obtained through differentiation or cost leadership.
What is a focus strategy?
The branded footwear market expected to grow the most in the year 15.
What is Asia-Pacific?
This statement is more specific than a company's vision statement.
What is a mission statement?
What is bargaining power?
What is support activities?
A strategy that focuses on gaining long-term revenue, profits, and market value through managing operations in multiple businesses.
What is a corporate-level strategy?
The distribution channel that sells directly to consumers.
What is online?
These are the two areas an organization must evaluate when conducting a strategic analysis.
What is the external and internal environment?
Casino player rewards and airline miles are examples of programs that attempt to keep buyers by doing this.
What is increasing switching costs?
These are a way of comparing financial information between firms.
What are financial ratios?
What is related?
What is Corporate Social Responsibility and Citizenship (CSRC)
This idea suggests a company's vision, mission, and strategic objectives need to be aligned.
What is coherence in strategic direction?
The clusters of firms that share similar strategies.
What are strategic groups?
Starbucks buys only the finest quality coffee beans, which adds value in this area of the value chain.
What is inbound logistics?
Diversification initiatives must create this for shareholders.
What is value?