5 Questions
Match the following strategy concept authors with their associated contributions:
Peter Drucker = What is our business. What could be our business; MBO Alfred Chandler = Structure follows strategy Igor Ansoff = Corporate strategy; Matrix Ansoff Kenneth Andrews = Corporate strategy; importance of stakeholders
Match the following time period with its associated strategy concept evolution:
1950s and 1960s = Corporate planning departments
Match the following quotes with their authors:
"Know your enemy, know yourself and your victory you not be in danger"; "Know the field, know the weather and your victory will be total" = Sun Tzu "What is our business. What could be our business."; "MBO" = Peter Drucker "Structure follows strategy" = Alfred Chandler "Corporate strategy; importance of stakeholders" = Kenneth Andrews
Match the following concepts with their associated challenges in firms’ growth:
Firms’ growth in size and complexity = Difficult to maintain control Macroeconomic forecasts (5 years) = Emergence of Corporate Planning Market share, revenues, costs, margins, CAPEX, etc = Objectives of Corporate Planning Corporate planning departments = Key components in Corporate Planning
Match the following concepts with their primary objectives in corporate planning:
Market share, revenues, costs, margins, CAPEX, etc = Objectives of Corporate Planning Structure follows strategy = Key principle in Corporate Planning Corporate strategy; Matrix Ansoff = Strategic model used in Corporate Planning Importance of stakeholders = Consideration in Corporate Planning
Test your knowledge of the evolution of strategy concepts from 'Art of War' by Sun Tzu to modern corporate planning. Explore the historical development of strategic thinking and its application in different contexts.
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