Across
- 2. The ______: A Cohesive Mobilization of Managers and Employees Aligned in a Collective Endeavor to Propel the Firm Toward Success.
- 6. A strategy where a company substantially broadens the scope of its customer groups in order to improve its performance either singly or jointly with another firm.
- 7. It summarizes the basic input information needed to formulate strategies.
- 10. It can be defined as “a pattern of behavior that has been developed by anorganization as it learns to cope with its problem of external adaptation and internal integration, andthat has worked well enough to be considered valid and to be taught to new members as the correctway to perceive, think, and feel.”
- 12. Which part of the strategic-planning process should take precedence over documentation and paperwork?
- 14. An organization may become so profoundly entangled in the perpetual resolution of crises that it allocates no temporal resources for systematic planning.
- 15. A tool used to assess whether a company’s value chain activities are competitive with those of its rivals and therefore positioned to succeed in the market.
- 16. This is a collection of principles that directs how individuals and organizations operate and conduct their lives.
- 19. It refers to external factors that can help the organization achieve or surpass its strategic goals.
Down
- 1. Strategy ___________ constitutes a critical phase within the strategic management process, encompassing the intricate planning and deliberative decision-making activities that culminate in the articulation of organizational objectives and the delineation of a definitive strategic blueprint.
- 3. This is a strategy where a company divests a part of its business that may be underperforming or no longer fits with its overall strategy.
- 4. Strategy ________ and choice aim to identify alternative actions that would most effectively help the firm accomplish its mission and objectives.
- 5. Strategic __________ can either strengthen confidence in the existing business strategy or highlight the need for corrective measures.
- 8. The instrument formulated to align an organization's intrinsic capabilities with extrinsic prospects is the SWOT matrix.
- 9. Strategic ________ involves an organization thoughtfully choosing the most effective actions to reach its objectives.
- 11. A strategy where a company substantially reduces the scope of its customer groups in order to improve its performance either singly or jointly.
- 12. It is the human dimension that creates solidarity and meaning, and it inspires commitment and productivity in an organization when strategy changes are made.
- 13. A well-defined _______ statement outlines an organization's values and priorities.
- 17. The ____ is a tool that allows strategists to evaluate alternative strategies objectively, based on previously identified external and internal critical success factors. Like other strategy-formulation analytical tools, the QSPM requires good intuitive judgment.
- 18. When an entire company is sold or dissolves of loss or other problems like the case of divestiture then it is called as liquidation.