Strategic Management Flashcards
1
Q
Complete the sentence.
Strategic Management is dynamic process of ________, _________, and ________.
A
Formulating, Implementing, Evaluating
2
Q
Complete the Sentence.
It formulates ______ and _______.
A
Strategies and guidelines.
3
Q
Complete the Sentence.
Provides _______ _______ for organization to set goals.
A
Structured approach
4
Q
Complete the Sentence.
It helps the company to gain insights into both internal _______ and external _______.
A
Capabilities and Challenges
5
Q
Complete the Sentence.
It helps the company to move past _______-______ thinking.
A
Short-term
6
Q
Complete the Sentence.
Internal Environmental Analysis helps the company to identify ______.
A
SWOT
