This class was created by Brainscape user Josie Scramlin. Visit their profile to learn more about the creator.

Decks in this class (11)

Chapter 1: Strategy, Business Models, and Competitive Advantage
Strategy textbook definition 1,
Strategy michael porter definition 2,
Business model 3
17  cards
Chapter 2: The Strategy Formulation, Strategy Evaluation Process
What are the 5 stages of manageri...,
Stage 1 2,
Strategic vision 3
25  cards
Chapter 3: Evaluating A Company’s External Environment
What are the 7 questions mpdrpmkp 1,
Macro environment 2,
Pestel analysis 3
22  cards
Exam 1: Learning Competency Questions
Why does a company need financial...,
When a company is confronted with...,
What is not an accurate attribute...
17  cards
Chapter 4: Evaluating A Company’s Resources, Capabilities, And Competitiveness
Two best indicators of successful...,
Other indicators of successful st...,
Resource and capability analysis 3
24  cards
Chapter 5: The 5 Generic Competitive Strategies
Competitive strategy 1,
Low cost leader 2,
Two major avenues to achieve low ...
17  cards
Chapter 6: Strengthening A Company’s Competitive Position: Strategic Moves, Timing, And Scope Of Operations
Offering or better product at low...,
Leapfrogging competitors by being...,
Pursuing continuous product innov...
44  cards
Chapter 7: Strategies For Competing In International Markets
5 reasons why companies expand in...,
5 factors that shape strategy cho...,
Political risks 3
28  cards
Chapter 8: Corporate Strategy: Diversification and the Multibusiness Company
Facets of diversifying 1,
When diversifying becomes a consi...,
3 tests for building shareholder ...
22  cards
Chapter 9: Ethics, Corporate Sustainability, and Strategy
Business ethics 1,
Self dealing 2,
3 main drivers of unethical behav...
16  cards
Chapter 10: Superior Strategy Execution - Another Path to Sustainable Competitive Advantage
Team effort 1,
8 principal managerial components...,
Staffing the org 3
13  cards

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Stategic Management

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