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Business Integration and Strategic Management questions well answers

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  • Grado
  • BMAL 590
  • Institución
  • BMAL 590

Business Integration and Strategic Management questions well answers

Vista previa 1 fuera de 3  páginas

  • 28 de septiembre de 2024
  • 3
  • 2024/2025
  • Examen
  • Preguntas y respuestas
  • BMAL 590
  • BMAL 590
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Business Integration and Strategic
Management

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

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