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Donaldson Exam With 100% Correct And Verified Answers 2024

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Donaldson Exam With 100% Correct And Verified Answers 2024 An Effective Strategy Is - Correct Answer-A comprehensive and coordinated pattern of actions, consciously selected in light of probable shifts in the environment, relative competencies of the firm and the predictable moves of int...

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  • August 22, 2024
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  • 2024/2025
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Donaldson Exam With 100% Correct And
Verified Answers

An Effective Strategy Is - Correct Answer-A
comprehensive and coordinated pattern of
actions, consciously selected in light of
probable shifts in the environment, relative
competencies of the firm and the predictable
moves of intelligent competitors


Not an additional overlay on business
units, it is the blueprint for running the
business!!


5 P's of Strategy - Correct Answer-• Plan
• Ploy
• Pattern
• Position
• Perspective




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,Strategic Planning Process - Correct Answer--
Critical evaluation of the external and
internal
environment and the relative position of the
entity
- Formulation of strategies based on above
- Implementation of the chosen strategies
- Evaluation of the performance relative to
the
plan and control metrics


Basic Process Flow - Correct Answer-
Environmental Scanning - Strategy Formation
- Strategy Implementation - Evaluation and
Control


3 Basic Strategies - Correct Answer-1.
Organic - Do it yourself
2. Partner - Do it in concert with other(s)
• Outsource
• Partner/Joint Venture/Team
3. Acquire - Buy the capability/resource
outright

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, Intended strategies: - Correct Answer-
Strategy that an organization hopes to
execute


Emergent strategies: - Correct Answer-
Unplanned strategy that arises in response to
unexpected opportunities and challenges


Realized Strategies - Correct Answer-The strategy that an
organization actually follows. They
are a product of both intended and realized strategies


Deliberate Strategy - Correct Answer-The parts of the
intended strategy that an organization
continues to pursue over time


Non-realized strategy: - Correct Answer-The parts of the
intended strategy that are abandoned


Phases of Strategic Management - Correct Answer-Phase 1:
Basic financial planning
Phase 2: Forecast-based planning


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