Questions and Answers
Acquisition- purchase of a company Strategy Formulation - strategic/ long-range planning; developing objectives Integration- managing the culture of an acquired firm; give and take Transaction Economies- proposes vertical integration Power Distance- society accept an unequal distribution TOWS- external opportunities and threats Strategic Window- unique market opportunity; available for a particular time Stars- BCG Matrix ; peak of the product life cycle Horizontal Strategy- views a corp in terms of resources; corporate strategy Organizational Life Cycle- organizational equivalent of Product life in Marketing Offshoring- The outsourcing of an activity or function to a provider in another country. ______- Strategies sometimes followed by managers who have made a poor analysis or lack creativity. Enterprise Risk Management (ERM) is a corporatewide, integrated process for managing the uncertainties that could negatively or positively influence the achievement of the corporation’s objectives benchmarking is “the continual process of measuring products, services, and practices against the toughest competitors or those companies recognized as industry leaders.” Performance is the end result of activity. Shareholder value can be defined as the present value of the anticipated future stream of cash flows from the business plus the value of the company if liquidated.
Strategies to avoid
______- The continual process of measuring products, services, and practices against the toughest competitors or those companies recognized as industry leaders.
benchmarking
Performance is the end result of ______.
activity
______- The outsourcing of an activity or function to a provider in another country.
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Enterprise Risk Management (ERM) is a corporatewide, integrated process for managing the uncertainties that could negatively or positively influence the achievement of the corporation’s objectives ______.
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Shareholder value can be defined as the present value of the anticipated future stream of cash flows from the business plus the value of the company if ______.
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