Strategic Management Crossword

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Across
  1. 4. ___ is a step-by-step business model for transforming a product or service from idea to reality.
  2. 5. ___ can tell leadership and employees how a company is performing at achieving its goals at a glance.
  3. 9. ___ any part of business organization which is treated separately for strategic management purpose.
  4. 10. ___ provide a framework for success by defining the company's mission, vision and values, then detailing the company's goals and the steps they'll take to accomplish them.
  5. 11. ___ Bottom Line emphasizes profits; businesses have a responsibility to pay for their lenders, operational creditors, and employees.
  6. 13. ___ is an outline of a goal of organization’s innovation activities and the key initiatives that will help you achieve it.
  7. 18. ___ is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
  8. 19. ___ uses a company's goals to create straightforward objectives for its employees to follow.
  9. 20. ___ is an organization’s obligation to consider the interests of their customers, employees, shareholders, communities, and the ecology and to consider the social and environmental consequences of their business activities.
  10. 21. ___ costs are the costs that a consumer incurs from switching brands, products, services, or suppliers.
  11. 23. ___ is having money today is more valuable than having money later.
  12. 24. ___ is a plan of action or set of decisions making a pattern or creating a common thread.
Down
  1. 1. ___ goals are closely linked to the processes and operation of the company as a whole.
  2. 2. ___ also known as a divestiture strategy, is a retrenchment-strategy deployed by organizations to scale down the range of their business activities.
  3. 3. ___ involves measuring four main aspects of a business: Learning and growth, business processes, customers, and finance.
  4. 6. ___ is considered art and science of estimating future events.
  5. 7. ___ is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project.
  6. 8. ___ strategies denotes that all the industries not in existence today – the unknown market space, unexplored and untainted by competition.
  7. 9. ___ provides statistical tools to eliminate defects, identify the cause of the error, and reduce the possibilities of error.
  8. 12. ___ culture would comprise the firm’s basic personality, or the essence of how its employees communicate and carry out various processes required to achieve collective goals.
  9. 14. ___ strategy is a unique marketing strategy which focuses on selling or promoting a unique and specialized product or service to a small but productive target group.
  10. 15. ___ strategies are all the industries in existence today.
  11. 16. ___ strategy goes by the name of management measure that could transform the sick business into a healthy position.
  12. 17. ___ product offer consumers choices when making purchase decisions by providing equally good alternatives, thus increasing utility.
  13. 22. ___ method helps to analyze the project work schedule by focusing on each task and calculate the minimum time required to complete the project.