Strategic mgmt exam - Study guides, Class notes & Summaries

MBA 706 Exam 1 Study Guide with Complete Solutions. Chapter 1 – The Strategic Perspective • Relationship between strategy and change o Change is the only certainty o Change can be cyclical (predictable) or evolutionary (unpredictable) o Change is an integral part of strategy ■ What drives change? -PEST (political / economic / social / technological) ■ What impacts change? - volatility / globalization / competition / redefine ■ What are the consequences of change? - new opport...

MBA 706 Exam 1 Study Guide with Complete Solutions. Chapter 1 – The Strategic Perspective • Relationship between strategy and change o Change is the only certainty o Change can be cyclical (predictable) or evolutionary (unpredictable) o Change is an integral part of strategy ■ What drives change? -PEST (political / economic / social / technological) ■ What impacts change? - volatility / globalization / competition / redefine ■ What are the consequences of change? - new opport...

MGMT 4000 Exam 2 - UGA – Montgomery Questions and Answers | Latest Update | 2024/2025 | 100% Pass What is value chain analysis? Value chain analysis examines the activities a company performs to create value for its customers and identifies areas for improvement. What is the purpose of job enrichment? Job enrichment aims to increase employee satisfaction and motivation by enhancing the variety and complexity of their work tasks. What is a balanced scorecard? A balanced s...

MGMT 490 UPDATED ACTUAL Exam Questions and CORRECT Answers Strategy - CORRECT ANSWER- An integrated and coordinated set of commitments and actions designed to exploit core competencies (what you're good at) and gain a competitive advantage (what you do better than everyone else) Strategic Management - CORRECT ANSWER- Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value

©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM 1 Certified Information Security Manager - Chapter 3 Questions and Answers (100% Correct) 3.0 INTRODUCTION What is the purpose of the information security program? - Answer️️ -The purpose of the infosec prg is to execute the strategy and achieve the org objectives for acceptable levels of risk and business disruption. 3.0 INTRODUCTION What is the road map based on? What is done to create it (high level)? - Answ...

MBA 706 Exam 1 Study Guide with Complete Solutions. Chapter 1 – The Strategic Perspective • Relationship between strategy and change o Change is the only certainty o Change can be cyclical (predictable) or evolutionary (unpredictable) o Change is an integral part of strategy ■ What drives change? -PEST (political / economic / social / technological) ■ What impacts change? - volatility / globalization / competition / redefine ■ What are the consequences of change? - new opport...

ERM MBA 518 Exam Final Questions & Answers 2024/2025 Limitations of traditional risk management - ANSWERS1. Risks managed in silos, and 2. Risks that fall between silos are unnoticed. 3. Rarely connect risk to strategy 4. Excess focus on internal risks, only. 5*. Inefficiencies in responses; don't see duplication of responses. Key elements (6) of ERM - ANSWERS1. Ongoing process 2. Board and senior mgmt must lead from the top 3. Enterprise-wide integration; holistic 4. Linked...

MGMT 309 Exam 2- Wesner Graded A+ Decision Making - Definition: The cornerstone of planning and a catalyst for the planning process; it underlies the formulation and implementation of all plans. Planning - Context: Occurs within the environmental context, guided by the organization’s mission, which includes: - Purpose - Premises - Values - Directions Hierarchy of Goals and Plans - Hierarchy: - Strategic Goals → Strategic Plans → Tactical Goals → Tactical Plans → Operational ...

NDSU MGMT 320: Exam 1 Questions and Answers | Latest Version | 2024/2025 | Graded A+ What are the characteristics of a good team leader? A good team leader demonstrates strong communication skills, emotional intelligence, adaptability, decisiveness, and the ability to motivate and support team members. How do external factors influence business strategy? External factors, such as market trends, economic conditions, competition, and regulatory changes, can shape an organization’s ...

MGMT 323 Exam 3 Latest Update Graded A+ Wholesalers Firms that buy from manufacturers and resell them to retailers Viral marketing program Encourages people to pass along a marketing message to other potential customers Distribution center Facility for the receipt, storage, and redistribution of goods to company stores Fulfillment center Ships items directly to consumers Direct marketing channel No intermediaries Indirect marketing channel 1 or more intermediaries such as wholesalers or ret...