Strategic Management MGMT 4950
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This 1 page Study Guide was uploaded by Alf Bartell on Tuesday October 20, 2015. The Study Guide belongs to MGMT 4950 at Southern Utah University taught by Gerald Calvasina in Fall. Since its upload, it has received 32 views. For similar materials see /class/225503/mgmt-4950-southern-utah-university in Business, management at Southern Utah University.
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Date Created: 10/20/15
MGMT 4950 Summer 09 Study Guide Exam will cover chapters 1 7 4 amp 5 There will be 30 objective type questions multiple choice There will also be a mix of short answer discussion type questions 7 you will be asked to describe de ne explain and list When a question directs vou to describe define or explain you should answer in 39 Strategy and the quest for competitive advantage a Thinking Strategically 7 where are we now where do we want to go and how are we going to get there The importance of setting good objectives 7 develop a balanced scorecard pp 2021 text Strategy 7 competitive moves and business approaches used by managers to run the organization 0 Elements of a Company s Business Strategy slide 15 d Sustainable competitive advantage e Proven approaches 7 slide 17 7 examples f g 57 Why do strategies evolve 7 slide 110 amp 11 What is a business model h Tests of a winning strategy Industry and competitive analysis pal W39r39 External environmental factors shaping a company s choice of strategy Assessing 7 7 step process slides 45 amp 6 Id industry s dominant economic features 7 examples page 61 Porters ve forces model of competition 7 slides 48 7thru 416 Driving forces 7 slides 418 amp 19 Key concepts 7 Blue Ocean Strategic Group Map Key Success Factors Barriers to entry Integration 0 Deciding whether the industry presents an attractive opportunity Analyzing a company s Competitive Strength and Cost Structure p Performance indicators of how well a company s strategy is working financial amp strategic perspective Slide 54 q Identifying a company s strengths weaknesses opportunities and threats Factors to Consider r Value chain identification and evaluation Slide 511 s Benchmarking Slide 514 15 t Vertical integration strategy options advantages and disadvantages Slide 516 171819 u Outsourcing why when does it make sense 520 v Correcting internal cost disadvantages how 521 525
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