22th edition by thompson - Study guides, Class notes & Summaries

1) Thestrategicallyrelevantfactorsoutsideacompany’sindustryboundaries —economicconditions,politicalfactors,socioculturalforces,technological factors,environmentalfactors,andlegal/regulatoryconditions—areknownas 1.A) theindustryandthecompetitivearenainwhichthecompany operates. 2.B)generaleconomicconditionsplusthefactorsdrivingchangeinthe marketswhereacompanyoperates. 3.C)acompany’smacro-environment. 4.D)thecompetitivemarketenvironmentthatexistsbetweenacompany anditscompetitors....

Crafting and Executing Strategy, 22e (Thompson) Chapter 2 Charting a Company's Direction 1) The five basic tasks of the strategy-making, strategy-executing process DO NOT include A) developing a strategic vision of where the company needs to head and what its future business makeup will be. B) strategic management to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve. C) crafting a strategy to achieve the objectives and ge...