Strategic Thinking Flashcards
a strategy
a plan or series of plans for achieving success
strategy
the study od the skills, knowledge, etc. required to make such plans
profitability (pl, Def)
zyskowność, dochodowość; the amount of money it makes in relation to the amount invested
resource allocation (pl, Def)
przydział zasobów; this is the way that resources such as finance, people, assets (equipment, buildings) are used to achieve a particular objective (cel)
implementation of the strategy
putting it into practice
strategic move
an action with a particular purpose in relation to objectives
strategic partnership
when two companies work together towards a specific goal
strategic decision
when a company decides sth important for its long-term future
strategic acquisition
when one company buys another for strategic purposes
acquisition (pl)
zakup
strategic goal
an objective the company wants to reach
strategic vision
when someone has clear ideas about actions to take for future success
defend a market
try to prevent competitors from being successful there
attack a market
start selling there for the first time
establish a foothold/toehold in a market
occupy a small part of the market in preparation for gaining a larger part
