Bus j306 - Study guides, Class notes & Summaries

BUS J306 REVIEW EXAM 1 LATEST UPDATE ...

Strategic Management Process - -A sequential set of analyses and choices that can increase the likelihood that a firm will choose a good strategy -mission-objectives-external/internal analysis-strategic choice- strategy implementation- competitive advantage mission - -long term purpose -missions define both what a firm aspires to be in teh long run and what it wants to avoid in the meanwhile

BUS J306 Exam 1 Review (Latest 2024/ 2025 Update) with Questions and Verified Answers| | 100% Correct | Grade A+

Emerging Strategy - when you started doing and discover it along the way Intended Strategy - the strategy the organization decides on during the planning phase and wants to use Business Canvas Model - Canvas model that allows you to summarize a business model for developing new or documenting existing business models.

Strategy - a firm's theory about how to gain competitive advantages Strategic Management Process - A sequential set of analyses and choices that can increase the likelihood that a firm will choose a good strategy; that is, a strategy that generates competitive advantages MISSION, OBJECTIVES, (External analysis & Internal analysis), STRATEGIC CHOICE, STRATEGY IMPLEMENTATION, COMPETITIVE ADVANTAGE