Bcor 2304 - Study guides, Class notes & Summaries

BCOR 2304 Strategy and Entrepreneurial Thinking Latest Update Questions and 100% Verified Correct Answers Guaranteed A+

Strategic Management - the management field that combines analysis, formulation, and implementation while trying to create a competitive advantage strategy - a set of goal directed actions that firms take create and sustain advantage relative to other firms Stakeholder Strategy - an approach to managing a diverse set of stakeholders inside and outside of the firm in order to gain a competitive advantage Stakeholder Impact Analysis - a five step decision tool where strategic firm members ca...

BCOR 2304 Final Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ strategy - Answer -a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment - Answer -combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity - Answer -two or more firms perform at the same level strategic positioning - Answer -position in industry t...

BCOR 2304 FINAL EXAM

ntellectual property - Includes patents, copyrights, trademarks, & trade secrets When choosing a lawyer... - you should: 1) Connect to them personally 2) Know all the fees before deciding Patent - Contract between Gov & inventor granting inventor neg. right -grants exclusivity for "x" amount of time -Utility, Design, and Plant -provisional & patent applications Utility Patent - grants protection from making, using, or selling invention -has to be novel, useful, & non-obvious -20 yr t...

BCOR 2304 Final Review | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ strategy - Answer -a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management - Answer -combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity - Answer -two or more firms perform at the same level strategic positioning - Answer -position i...

BCOR 2304 Midterm Exam Study Guide Strategic management - Answer️️ -is the integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. strategy - Answer️️ -is a set of goal-directed actions a firm takes to gain and sustain superior performance relive to competitors Good Strategy - Answer️️ -enables a firm to achieve superior performance and sustainable competitive advantage relative to competitors Three elements...

strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission reason for existence, what an organization does vision...

BCOR 2304 Final Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ strategy - Answer -a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment - Answer -combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity - Answer -two or more firms perform at the same level strategic positioning - Answer -position in industry t...

Strategic Management Process - Method used by strategic leaders to formulate and implement a strategy which can lead to a sustainable competitive advantage 3 Approaches to strategic management - Strategic planning, scenario planning, and strategy planned as emergence AFI Framework - Analysis, formulation, and implementation Analysis of vision, mission, values, + SWOT Formulation of corporate, functional, and business strategy Implementation of structure, culture, control, corporate govern...