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MGMT 4340 Quality > Chapter 3 > Flashcards

Chapter 3 Flashcards

1
Q

Advocates

A

TO BE ANSWERED…

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2
Q

Broad strategic objectives

A

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3
Q

Core competencies and competitive advantage

A

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4
Q

Cost leadership strategies

A

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5
Q

Guiding principles

A

TO BE ANSWERED…

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6
Q

Market-niche strategies

A

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7
Q

Mission

A

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8
Q

Plan-do-check-adjust cycle

A

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9
Q

Resisters

A

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10
Q

Specific strategies

A

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11
Q

Strategic execution

A

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12
Q

Strategic management

A

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13
Q

Strategic planning

A

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14
Q

Vision

A

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15
Q

What is strategic management?

A

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16
Q

List the steps in the strategic planning process.

A

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17
Q

What is a core competency?

A

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18
Q

Explain why creative thinking is important in strategic planning and how to encourage it.

A

TO BE ANSWERED…

19
Q

What is SWOT analysis?

A

TO BE ANSWERED…

20
Q

Write a sample vision statement for a hypothetical organization.

A

TO BE ANSWERED…

21
Q

Write a mission statement for a hypothetical organization.

A

TO BE ANSWERED…

22
Q

Draft a set of guiding principles for a hypothetical organization.

A

TO BE ANSWERED…

23
Q

Establish two or three broad objectives for a hypothetical organization.

A

TO BE ANSWERED…

24
Q

Describe the steps that you would apply in executing your strategic plan for the hypothetical organization.

A

TO BE ANSWERED…

MGMT 4340 Quality (9 decks)

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