- Evaluating efficiency and effectiveness . The I/O model is grounded in An assessment od strengths, weakness, opportunities and threats. a. True/False, Risk in terms of financial returns reflects an investor's uncertainty about economic gains or losses that . Performance of a firm is most directly attributable to: the profitable of the industry in which the firm competes, Firms use the five forces model of competition to identify the ___ of the industry. symbiosis; zero sum. The SWOT is then used to formulate the strategic issue(s) that the firm must deal with as it formulates strategies. True/False, The CEO must encourage ambidextrous learning, absorbing new information, and building incremental knowledge in order to make the firm strategically flexible. The process hinges on the philosophical approach that if a leader "thinks . b. tighten loan covenants. It is a process that requires a systematic . The Complete Guide to Strategy Evaluation - Creately Blog A core competence PDF is the culmination of a multi-year strategic planning process involving Even the best strategies can fail if management doesn't implement or evaluate them . The company requires that all divisions generate a minimum return on invested assets of 8 percent. a. defining the boundaries of the pool. a. operating each individual business under the corporate umbrella. a. pool of assets that is distributed to investors. people throughout the organization strive toward overall goals. True/False, A firm's mission tends to be enduring while its vision can change in light of changing environmental conditions. d: 70: 3884478507 A strategy is typically a higher level, broad goal, without a lot of specifics. True/False, An organization's willingness to tolerate or encourage unethical behavior is a reflection of its core values. The culmination of the strategic management process is a. performance. Strategic management is directed toward a company's ______. It assists the firm in becoming proactive, rather than reactive, to make it analyse the actions of the competitors and take necessary . b. strategy implementation. (Check all that apply.). The economic interdependence among countries is reflected in the flow of goods, services, financial capital, and knowledge across country borders is defined as: higher performance standards including quality and cost. The ______ view of leadership assumes that the organization's leader is the driving force in the success or failure of the business. a. disruptive technologies. Strategic Management - THE STRATEGIC MANAGEMENT PROCESS Planning Ahead The profit pool is the Top management teams (TMTs) - comprising the most influential executives in an organization - are important because of their influence over strategic choices and performance. In situation analysis, organizations must scan and evaluate the organization's performance, corporate strategies, and internal and external . c. employees. Therefore, organizational strategists must choose one or the other as the basis for developing a strategic plan. Managers must determine how to create a(n) ______ advantage in the marketplace to be successful over the long-term. d. the internal structure of the organization must match the industry in which it competes in order to earn above-average returns on investment. ), Which of the following must a firm's strategy be consistent with? b. committed to nurturing those around them. Financial markets often place an emphasis on managers meeting ______ performance goals.
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