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9 Cards in this Set
- Front
- Back
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creative thinking |
creating something new or original |
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external environment |
entities that exist outside an organizations boundaries but have significant influence on its survival and growth |
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mission, vision, and values |
statements of organizational purpose, future, and philosophy that provide direction to the organization |
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situation analysis |
analyzing the current situation by evaluating the strengths and weaknesses internal to the organization and the opportunities and threats in the external environment |
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strategic management |
the process of assigning responsibility to implement and monitor the actives that must be accomplished to reach the organizations goals |
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strategic planning |
a method used to define the tasks and operationalize actives that must be accomplished to reach an identified or agreed-upon goal. |
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strategic thinking |
a mental process of synthesizing and analyzing information to envision the strategies and tactics needed to achieve an ultimate goal. |
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strategy formulation |
the process of determining appropriate courses of actions for achieving organizational goals and objectives |
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strategy implementation |
the effective execution of strategic goals and objectives |
