Term
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Definition
1. distinctive competence.(what org. does well) 2. Scope (range of markets an org. will compete) 3. Resource Deployment |
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Term
| Corporate and business level strategies? |
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Definition
| business apply to a specific market and corporate are much broader. |
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Term
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Definition
| strengths weaknesses opportunities threats |
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Term
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Definition
1. Common org. strengths 2. Distinctive competence 3. Sustained competitive advantage |
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Term
| Organizational weaknesses? |
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Definition
succumb to competitive disadvantage if not fixed. |
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Term
| Opportunities and Threats? |
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Definition
opp: Area that if exploited may generate high performance. threat: area that increases the difficulty of an org. achieving high performance. |
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Term
Porter's generic strategies? |
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Definition
1. Differentiation: distinguish products or services 2. Overall Cost Leadership: reduce man. and other costs. 3. Focus: Concentrate on a specific regional market, product market or group. |
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Term
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Definition
1. Prospector: innovative and growth oriented 2. Defender: Protects current markets 3. Analyzer: Maintains current markets and current customer satisfaction 4. Reactor: No clear strategy. Reacts to changes in the environment. |
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Term
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Definition
| Introduction, Growth, Maturity, Decline |
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Term
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Definition
| High demand, get it out the door! |
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Term
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Definition
| ensuring quality and differentiating from competitors |
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Term
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Definition
| demand declines, diffentiation still important and keeping costs low. |
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Term
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Definition
| demand decreases. develop new prod |
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Term
| Single product starategies? |
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Definition
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Term
| Related (concentric) Diversification strategies? |
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Definition
| operate in several different businesses, products, or markets. |
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Term
| Unrelated diversification? |
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Definition
| Businesses not logically grouped with one another |
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Term
| Implementing diversification? |
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Definition
1. Replacement of suppliers and customers 2. Mergers and Aquisitions 3. Development of new products |
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Term
| Managing diversification? |
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Definition
1. organization structure 2. Portfolio management techniques 3. BGC matrix |
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Term
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Definition
1.Stars 2. Cash Cows 3. Question Marks 4. Dogs |
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Term
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Definition
| Winner, Question Mark, Profit producer, loser |
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Term
Global strategies Efficiency arguments |
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Definition
1. Location efficiencies 2. Economics of scale 3. Economies of scope |
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Term
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Definition
| Int businesses may respond to a change in one country by implementing a change in another. |
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