Bs Flashcards
What strategic analysis suggests?
it addresses the objectives of the organization; locates potential markets; considers the impact of events, competitors, and the economy, addresses the structure of the organization; and evaluates the risks of alternative strategies
what is linear regression
is a statistical approach to modeling the relationship between an independent variable and a number of dependent variables, to create a linear model to determine which independent
what is the differences between strategy formulation & strategic planning
strategy formulation results in new strategies, and strategic planning addresses how to implement the strategies.
what are the components of an operating budget.
sales budget, direct labor budget, overhead budget, COGS budget, and S&GA budget.
what are the logical order for activities
vision & mission, strategic objectives, tactical goals, operational plans