Strategic Management

5. Strategey competitive strategy to direct marketing and sales efforts to a specific market segment.
6. differentiating business objectives that connect a portfolio to the strategy of the Enterprise.
7. is the partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy.
9. Scorecard a management system that provides feedback on both internal business processes and external outcomes to continuously improve strategic performance and results.
11. to be simple looking and provide a quick overview of the organization's or department's overall health.
14. a quantifiable measure businesses use to track, monitor and assess the success or failure of various business processes.
15. budget is a long-term spending plan that helps an organization manage its expenses.
19. It is a rapid response or immediate reassessment of. strategy in the light of sudden and unexpected events.
20. Down to focus in on something.
21. Model a story or picture of how an effort or initiative is supposed to work.
22. Sigma a set of management tools and techniques designed to improve the capability of the business process by reducing the likelihood of error.
23. Structure is a business structure where employees form small, multidisciplinary teams that work independently to achieve common goals.
24. Chain a step-by-step business model for transforming a product or service from idea to reality.

1. Plan a business plan describes a current business or a specific new project.
2. Leader a leader. knows what kind of organization he or she wants to create, thinks in the. long-term and sets ambitious and inspiring goals.
3. when you divide your organization's overall strategy throughout your different departments.
4. a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.
6. those needed for an organisation to meet the necessary requirements to compete in a given market and achieve parity with competitors in that market.
8. Capital a set of practices related to people resource management.
10. Industry an industry that has passed the introduction stage, growth stage, and shake out stage, but has not yet reached the declining stage.
12. Success an element that is necessary for an organization or project to achieve its mission.
13. a nation bypasses traditional stages of development to either jump directly to the latest technologies
16. Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry.
17. a comprehensive plan that an organization sets out for achieving its strategic goals or long-term visions for improvement.
18. a key event or action in a project or your business journey that marks a significant stage of progress.