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Globus Test 1 Questions with 100% Correct Answers | Updated & Verified 2024/2025
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Globus Test 1 Questions with 100% Correct Answers | Updated & Verified 2024/2025
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Globus Test 1A term defined as an integrative control subject that mixes evaluation, formulation and
implementations within the quest for competitive gain. - ANSStrategic Management
Identify "Strategic commitments" as a formulated method and the usage of coverage -
ANSStrategic commitments are effective guiding rules such as vast funding or changes o an
companies incentives and reward structures. These are big adjustments that cannot be easily
reversed.
Understand what it approach to have aggressive parity. - ANSPerformance of two or greater
corporations at the equal degree.
Competitive advantage - ANSa firm that achieves advanced performance relative to other
competition inside the identical enterprise or the industry common
sustainable competitive benefit - ANSoutperforming competition or the enterprise common over
a prolonged time frame
aggressive drawback - ANSunderperformance relative to different competition within the
identical industry or the enterprise common
become aware of the phrase that represents the vision Wendy Kopp developed for Teach for
America - ANS"One day, all youngsters in this kingdom will have the opportunity to reap an
fantastic education"
Difference among a corporations imaginative and prescient and challenge - ANSa vision defines
what an enterprise desires to accomplish. A purpose describes what an enterprise does to get a
imaginative and prescient finished.
Why is it higher for corporations to maintain their vision statements customer-oriented in
preference to product oriented? - ANSCustomer oriented vision statements allow companies to
adapt to alternate. Product oriented frequently incorporates this ability.
Organizational core values are the _________ that govern the behavior of individuals within a
company or corporation. - ANSethical requirements and norms.
Strategic management relates to using energy and affect with the aid of ______ to direct the
activities of others while pursuing an groups goals. - ANScorporate executives.
Be able to perceive a person on a degree-5 pyramid and recognize each degree - ANS1-
relatively succesful man or woman
, 2- contributing crew member
3- competent manager
four- effective chief
5- company executives
Level 5 Person: Sheryl Sandberg COO of FB
Summarize the difference between SBU (strategic enterprise unit) and a company companion. -
ANS
What is an assumption that top-down strategic making plans rests on? - ANSOften rests on the
assumption that we can predict the destiny from the beyond.
Understand an be capable of identify scenario making plans conditions - ANSScenario making
plans asks "what if questions" to anticipate manageable futures a good way to derive strategic
responses.
Unexpected occasions which can be extraordinarily improbable however lead two modifications
can excellent be described as a - ANSblack swan occasion
Understand intended, found out and emergent strategy - ANSIntended strategy: the outcome of
a rational and structured top-down strategic plan.
Realized: formulated via a mixture of its top down strategic intentions and bottom up emergent
techniques
Emergent approach: any unplanned strategic intitvative bubbling up rom deep in the
organization
Understand the alternate dating inside the stakeholder approach - ANSexchange relationships
are numerous internal and external stakeholder.
In the pyramid of company social duty, ______ obligations are the foundational constructing
block. - ANSeconomic
Know the definition of pastel framework and what it's miles used for. - ANSCategorize and
examine an vital set of outside elements. These factors can create both possibility and hazard.
P - political
E- Economic
S- Sociocultural
T- Technological
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