Characterstics Flashcards
1
Q
Business strategy
A
- Encourage people to invest in the enterprise
- Tool to assure credit worthiness
- Persuade banks to lend money
- Helps to stay focused
2
Q
Business dashboard
A
- Simple
- Communicate easilty
- Supports business
- Applies perception to presentation
3
Q
Effective control system
A
- Suitable
- Simple
- Selective
- Sound and economical
- Flexible
- Forward looking
4
Q
Strategic decision making
A
- senior mgmt
- impacts results
- 3 elements- action , commitment , result
5
Q
Strat Planning
A
- Forward looking
- Systematic
- Disciplined
- Treats enterprise as a whole
- Span of discretion longer
6
Q
Logical Incrementalism
A
- Environmental uncertainty
2 Generalized view of strategy - Co ordinating emergent strategy
7
Q
Learning organisation
A
- Systems thinking
- Mental
- Personal mastery
- Team learning
8
Q
Environmental Analysis
A
- Holistic exercise
- Cont pocess
- Explanatory process
9
Q
Internal developmen
A
- Developing new product ranges
- Launch exist business product in new market
- Opening new business locations
- Investing in R&D
- Investing addnl produ capacity
- Training employees
