Sevi 3013 - Study guides, Class notes & Summaries

SEVI 3013 Exam 1 Rodeffer UPDATED Exam Questions and CORRECT Answers Strategic management 3 steps - Correct Answer- analysis, decisions, actions Strategy - Correct Answer- the ideas, decisions, and actions that enable a firm to succeed Strategy characteristics - Correct Answer- it is about choices and is focused on the future Strategic management 3 steps key activities performed - Correct Answer- Analysis: strategic goals (vision, mission, strategic objectives) and internal/external envi...

SEVI 3013 Strategic Management | Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Strategic Management | Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024 Strategy - the set of decisions and actions of firm managers to ensure the future success of the firm; integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Characteristics of a strategy - focuses on future and success Corporate strategy - What industries should we compete in? Business strategy - How should we compete in our cho...

SEVI 3013 Exam 1 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 | 55 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Final Exam Uark | Questions with 100% Correct Answers | Verified | Latest Update 2024 General Environment - Composed of dimensions in the broader society that influence an industry and the firms within it Dimensions of the General Environment - 1. Demographic 2. Economic 3. Political/legal 4. Sociocultural 5. Technological 6. Global 7. Sustainable physical environment Demographic Segment - -Population size -Age structure -Geographic distribution -Ethnic mix -Income distrib...

SEVI 3013 Exam 1 | 90 Questions with 100% Correct Answers | Verified | Latest Update 2024 strategic competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy strategy - an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage competitor analysis - focuses on each company against which a firm competes directly In a competitor analysis, the firm seeks to understand the follo...