Segment 6
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | includes factors affecting all organizations
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| show | all forces outside the firm's abstract boundaries
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| show | includes Porter's Five Forces in an industry: buyer power, supplier power, substitutes, new entrants, and rivalry
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| strategy | show 🗑
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| 3 dynamics of the strategic management process | show 🗑
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| efficiency & effectiveness | show 🗑
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| show | extent to which the organization achieves its goals
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| show | reach a higher number of goals or meet your #1 goal
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| show | organization's outputs and inputs
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| show | increase outputs or decrease inputs or both
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| Icarus Paradox | show 🗑
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| show | goals are SMART
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| match your internal strengths and external opportunities and avoid internal weakness and external threat | show 🗑
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| environmental scanning | show 🗑
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| competitive intelligence | show 🗑
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| show | helps managers develop contingency plans for what they might do given different outcomes
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| show | method for predicting how variables will change in the future
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| benchmarking | show 🗑
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| buffering | show 🗑
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| show | leveling normal fluctuations at the boundaries of the environment
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| show | exploiting a distinctive competence or improving internal efficiency for competitive advantage (agressive pricing, comparative advantage)
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| competitive pacification | show 🗑
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| public relations | show 🗑
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| show | vountary commitment to various interest groups, causes, and social problems
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| show | efforts to influence elected representatives to create a more favorable business environment or limit competition
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| show | strategies used by two or more organizations working together to manage the external environment
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| show | negotiation of an agreemnet between the organization and another group to exchange goods, services, information, patents, and so on
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| cooptation | show 🗑
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| coalition | show 🗑
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| show | an organization's conscious efforts to change the boundaries of its task environment (companies change the environment they are in)
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| domain selection | show 🗑
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| show | a firm's investment in a different product, business, or geographic area (Apple iPod)
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| show | two or more firms combine, or one firm buys another to form a single company
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| divestiture | show 🗑
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| show | identifies the set of businesses, markets, or industries in which the organization competes and the distribtuion of resources among those businesses
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| show | focuses on a single business competing in a single industry; used to gain entry into an industry when industry growth is good, or when the company has a narrow range of competencies
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| vertical integration strategy | show 🗑
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| show | moving into new businesses that are related to the company's original core business
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| show | expansion into unrelated businesses
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
klayqf