Business Strategy

1. A strategic planning tool used by businesses to assess their internal and external environments.
4. A strategic analysis framework used to evaluate the internal resources and capabilities of an organization in order to determine whether they can be a source of competitive advantage.
6. A strategy that involves one company purchases the assets, shares, or ownership of another company.
7. According to BCG Matrix, a product or business unit that has a small market share in a declining industry is known as _______.
10. An _____ structure refers to an organizational framework designed to be flexible, adaptive, and responsive to change.
11. A strategy that focuses on achieving a competitive advantage by offering products or services at a lower price than competitors while maintaining acceptable quality is known as _________ leadership.
12. A strategic tool used by companies to identify and understand the key activities that add value to their products or services is known as ______ chain analysis.

1. According to BCG Matrix, a product or business unit that holds a high market share in a rapidly growing market is known as ______.
2. The Ansoff Matrix is a strategic planning tool used by companies to determine their ________ strategy.
3. A matrix that helps businesses create strategies that leverage their strengths, minimize their weaknesses, seize opportunities, and defend against threats.
5. A business strategy where a company expands its operations by acquiring or controlling the distribution or retail aspects of its products or services is known as _________ integration.
8. Establishing a new business in a new location or market, without acquiring or partnering with a local company is known as ______ strategy..
9. One of McKinsey's 7S that deals with the organizations hierarchy and reporting relationships, including how tasks are divided and coordinated.