Sevi 3013 - Study guides, Class notes & Summaries

SEVI 3013 Exam 1 Rodeffer | 87 Questions with 100% Correct Answers | Verified | Latest Update 2024 Strategic management 3 steps - analysis, decisions, actions Strategy - the ideas, decisions, and actions that enable a firm to succeed Strategy characteristics - it is about choices and is focused on the future Strategic management 3 steps key activities performed - Analysis: strategic goals (vision, mission, strategic objectives) and internal/external environment. Decisions: Actions: resourc...

Strategic Management correct answers an integrative management field that combines analysis formulation and implementation in the quest for competitive advantage Strategy correct answers set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors The 3 Good Strategies (AFI) correct answers 1. Diagnosis *(Analysis)* 2. A guiding policy *(Formulation)* 3. A set of coherent actions *(Implement)* Competitive Advantage correct answers superior...

SEVI 3013 Exam 1 UPDATED Exam Questions and CORRECT Answers Strategy - Correct Answer- 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 - Correct Answer- focuses on future and success Corporate strategy - Correct Answer- What industries should we compete in?

SEVI 3013 FINAL EXAM UARK UPDATED Exam Questions and CORRECT Answers General Environment - Correct Answer- Composed of dimensions in the broader society that influence an industry and the firms within it Dimensions of the General Environment - Correct Answer- 1. Demographic 2. Economic 3. Political/legal 4. Sociocultural 5. Technological 6. Global 7. Sustainable physical environment

SEVI 3013 Exam 2- Uark UPDATED Exam Questions and CORRECT Answers Strategic Action - Correct Answer- a market-based move that involves a significant commitment of organizational resources and is difficult to implement and reverse Tactical action - Correct Answer- a market-based move that is taken to fine-tune a strategy; it involves fewer resources and is relatively easy to implement and reverse

SEVI 3013 Exam 1 | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

SEVI 3013 Exam 1 | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

Strategic Management - SEVI 3013 | 70 Questions with 100% Correct Answers | Verified | Latest Update 2024

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