Exam (elaborations)
Business Integration and Strategic Management questions well answers
- Course
- Institution
Business Integration and Strategic Management questions well answers
[Show more]
Content preview
Business Integration and StrategicManagement
A firm has many goals and a set of __________ that shape the achievement of the goals. - correct
answer ✔✔values
The difference between goals and objectives is that goals are __________ and objectives are
__________. - correct answer ✔✔qualitative; quantitative
The five stage strategic management process is comprised of mission and vision, objectives, strategy
formulation, __________, and __________. - correct answer ✔✔strategy implementation; performance
evaluation
Cinnabon and Kopi Luwak are examples of a __________ strategy. - correct answer ✔✔focus
differentiation
Checkers Drive In and Redbox are examples of a __________ strategy. - correct answer ✔✔focus cost
leadership
Strategic leadership is about __________ in the process of exploiting opportunities. - correct answer
✔✔managing conflicting expectations of people
Ken Olsen of DEC failed to __________ the change occurring in the industry, focused too much on
engineering precision, and brought about the downfall of the company. - correct answer ✔✔anticipate
Organizational change is any __________ that requires a change in __________. - correct answer
✔✔transition; human performance
Strategic leaders can mitigate people-oriented resistance to change by __________. - correct answer
✔✔empowering people
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76449 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now