Strategic Management

Strategic Management

How would you pay a manager based on short-term and long-term objectives?

Give the steps of the strategic management process or model? (from Fred R. David)

Name 3 non-financial tangible benefits that strategic management offers to companies?

What are the 5 categories of EXTERNAL factors?

Name the Five forces model of Porter that is used for developing strategies?

What is the purpose of Porter’s Model?

What is meant by “Horizontal Integration”?

Name 2 of the 6 guidelines for a business to use DIVERSIFICATION strategy?

What are the 3 defensive strategies?

Why can Porter’s DIFFERENTATION strategy be dangerous?

What is a Joint Venture?

What is our business?

What question goes with ‘Vision Statement’?

What do we want to become?

What are other forms of “cooperative arrangements”?

What 4 strategies can come from a TOWS matrix?

Why do organizations use BCG-matrix?

What is one positive feature of QSPM?

What is one negative feature of QSPM?

Draw a CPM (Critical Profile Matrix)?

What can you do with an IFE-matrix?

What is meant by “Forward Integration”?

Structure follow strategy or Strategy follows Structure?

Difference between restructuring and reengineering?

What do we mean by ‘Strategic Management’?

What question goes with ‘Mission Statement’?

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