BUSN105 MOD3 Planning and Strategic Management

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Across
  1. 3. - The highest level of strategy, focusing on the organization as a whole.
  2. 5. - A type of planning that focuses on daily tasks performed by first-line managers.
  3. 9. - Ensuring consistency and cohesion among goals and strategies at all levels.
  4. 11. - A framework analyzing Strengths, Weaknesses, Opportunities, and Threats.
  5. 13. - Decisions about which activities to prioritize in a strategic plan.
  6. 14. - The management function of monitoring performance and taking corrective action.
  7. 17. - A statement outlining what an organization wants to become.
  8. 18. Advantage - The ability to produce goods or services more effectively than competitors.
  9. 19. - The principles that guide an organization’s internal conduct and its relationship with stakeholders.
  10. 21. - A framework for setting goals that are Specific, Measurable, Attainable, Results-oriented, and Time-bound.
  11. 23. - A framework assessing Value, Rarity, Imitability, and Organization of resources.
  12. 24. - The process of setting goals and deciding how to achieve them.
  13. 25. Matrix - A tool categorizing business units as Stars, Cash Cows, Question Marks, or Dogs.
Down
  1. 1. - A strategy to grow revenue by expanding into new products or markets.
  2. 2. - Predicting future trends or outcomes to inform planning decisions.
  3. 4. - Specific commitments to achieve measurable results within a stated time frame.
  4. 6. - A type of planning done by middle management to implement policies and plans of top management.
  5. 7. - The process of executing strategies and plans.
  6. 8. - The strategy level focused on how to compete in a particular industry.
  7. 10. - A career readiness competency involving anticipating and addressing challenges before they arise.
  8. 12. - Comparing an organization’s performance with the best in the industry.
  9. 15. - The strategy level focused on specific departments or areas of an organization.
  10. 16. - A statement describing an organization’s purpose or reason for being.
  11. 20. - A long-term plan for achieving an organization’s goals.
  12. 22. - The process of aligning goals from the top level to lower levels in an organization.