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Thursday, 21 February 2013

Rapid Fire

Rapid Fire 2/21/2012
1. Define Strategy-game broadcast for sustainable competitive advantage.
2. Difference in mission and hatful statements. Mission stmt is the current business description and purpose, its the here and directly. Vision is managements aspirations for the future and delineates the companys strategical course and long term direction. Mission stmt is now (short term), and the vision stmt is concerned with the future (long term).
3. 5 phases of schema-the toughest of the five is implementing. 1. develop a strategic vision, mission, and values. 2. Setting objectives. 3. Crafting a outline. 4. Executing a strategy. 5. Monitoring developments, evaluating performances, and initiating corrective actions.
4. Guidelines for decideting objectives-long term, short term, obtainable, financial objectives, realistic, quantifiable, who is responsible
5. decide of the Board of Directors
6. Business Model defined. Business model sets forrad the economic logic for making profit in a business given the companys strategy. OR The designing for delivering a valuable product that generates ample revenue to vertebral column costs and yield a product.
7. Can good strategy compensate for bad business model? No
8. Porters five forces. Which forces is usually most intense? Know what makes to each one force stronger or weaker.
9.

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Define driving forces.
10. What are strategic issues?
11. SWOT Analysis?
12. Key Success Factors? Are they sedulousness specific?
13. Define competency, core competency, and distinctive competency.
14. 4 attributes of a resource.
15. Define strategic group map? List how it is set up and what the variables and circles mean.
16. What does a competitive strength assessment understand? Rivals, ksf, weighted, ranks ksf on importance
17. 5 generic strategies.
18. In what conditions does differentiation strategy work well?
19. What things make a niche taking enough to focus on?
20. 5 supporting strategies? Defensive,...If you fate to get a full essay, order it on our website: Ordercustompaper.com



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