Busi 490 capstone exam Study guides, Class notes & Summaries
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BUSI 490 CAPSTONE FINAL EXAM correctly answered//passed
- Exam (elaborations) • 22 pages • 2024
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BUSI 490 CAPSTONE FINAL EXAM 
ANNUAL OBJECTIVES - correct answer Short-term milestones, usually one year, that organizations must achieve to reach long-term targets/goals. 
 
COMPETITIVE ADVANTAGE - correct answer Anything a firm does especially well, compared to rival firms. For example, when a firm can do something that rival firms cannot do, or owns something that rival firms desire, that can represent a competitive advantage. 
 
EMPOWERMENT - correct answer The act of strengthening employees...
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BUSI 490: Capstone Exam with correct answers
- Exam (elaborations) • 7 pages • 2024
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BUSI 490: Capstone Exammission statement - correct answer a company's "reason for being" 
 
vision statement - correct answer FIRST step in strategic planning, answers the question "What do we want to become?" 
 
environmental scanning - correct answer the process of conducting research and gathering/assimilating external info 
 
David's 9 for mission statement - correct answer customers 
products/services 
markets (geographically) 
technology 
survival, growth, profitability 
philosophy 
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