Chapter 9 powerpoint pt. 1 Flashcards
“________”, is the greek work for strategy, and means the art of the general.
strategos
where did we get the term strategic management from?
the greek work “strategos”
strategic management is about the management of _________ to attain the _____ in its entirety
resources
goal
________ __________ is about the management of resources to attain the goal in its entirety
strategic management
in administration, at the concepts of strategy and tactics involve the selection of __________, ________, and ________ to achieve efficiency and effectiveness
philosophies
policies
practices
in administration, at the concepts of strategy and tactics involve the selection of philosophies, policies, and practices to achieve ________ and __________
effciency
effectiveness
in administration, at the concepts of ________ and _______ involve the selection of philosophies, policies, and practices to achieve efficiency and effectiveness
strategy
tactics
formal document of how goals will be achieved
strategic plan
the philosophy that puts the plan in action
strategic management
planning horizon is also known as a __________.
timeframe
A timeframe is also known as a _________ ________.
planning horizon
an objective is also known as a _____.
goal
a goal is also known as an _________.
objective
overall conduct of how long term goals are achieved
strategy
short term immediate decisions to achieve part of objectives
tactics