Strategic Management

Front 1

1. A business activity to where marketing products and services beyond domestic market.

Back 1

INTERNATIONALIZATION

Front 2

2. Is a process of adding new business to the firms that is district from each present operations.

Back 2

Consolidation

Front 3

3. The withdraw of products and services in certain markets and to make a beneficial turn around

Back 3

Retrenchment Strategy

Front 4

4. Refers to corporations plan to generate revenues through operations

Back 4

Business model

Front 5

5. Business activities to solve problem or a need of the customer.

If an activity solved the problem or a need of the customer

Back 5

Value proposition

Front 6

6. Business action support delivering goods ordered online

Back 6

Value Chain

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7. A ______ is a business organization or a person who sells his/her franchise

Back 7

Franchisor

Front 8

8. An _______ is not a type of business model

Back 8

Allocator

Front 9

9. A ______ best describe the fundamental purpose for the existence of any business.

Back 9

Mission

Front 10

10. Identifies the goal of the organization why it exist

Back 10

Vision Statement

Front 11

11. Is the action stage of strategic Management

Back 11

Strategy Implementation

Front 12

12. Is the capability of a business organization to create new and different problems because success is no guarantee

Back 12

Adapting to change

Front 13

13. Is the Corporate Chief learning officer

Back 13

Strategist or strategies

Front 14

14. Is the most important thing to remember when making a strategic planning

Back 14

A living evolving process

Front 15

15. A mission statement contain the business organization

Back 15

Operational plan

Front 16

16. ______has the responsibility for working the organization goals

Back 16

Every member of the organization

Front 17

17. Is the firms action of restricting growth at the certain level

Back 17

Pause strategy

Front 18

18. Is the definition of co's objectives

Back 18

Mission statement

Front 19

19. Is the firm strategy to generate cash for the stockholders

Back 19

Profit strategy

Front 20

20. ____ is when corporation has a smooth sailing environment no trubulent nor hostile experience

Back 20

Stable growth strategy

Front 21

21. Is a corporate strategic actions where there are mixing of expansion, stability or retrenchment activity.

Back 21

Combination strategy

Front 22

22. Is corporate strategy of identifying direction of development by taking away both current products and markets at the some time.

Back 22

Diversification

Front 23

23. Is a type of corporate strategy of possible co-existing cooperation with its competition.

Back 23

Cooperative Expansion

Front 24

24. Is a combination of activities of the firm, based on the value chain

Back 24

Integration

Front 25

25. Is the firms movement its product into a new geographical areas by increasing its sale force

The firm can move its present product into new geographical areas. This is done by increasing its sales force, appointing new channel partners, sales agents, or manufacturing representatives and by franchising its operation.

Back 25

Market penetration

Front 26

26. A mission statement of life contains the organization

Back 26

Identity and purpose

Front 27

27. An organization needs to have a mission statement to _______

Back 27

Ensure viability

Front 28

28. Is the action stage of strategic management

Back 28

Strategy Implementation

Front 29

29. ______ is the primary focus of strategic management

Back 29

The total organization

Front 30

30. ________ is usually conceived at a single time where managers sit down and work out a comprehensive strategic plan for the next 3-5 years.

Back 30

Organization's strategy

Front 31

31. If the organization supply chain can be viewed from a system perspective at start with the acquisition of resources, resurgent plan transport into product or services simple put the sequence represented by ______

Back 31

Sourcing input, process output

Front 32

32. This things inbound logistics, operation of outbound logistics marketing and sales

Back 32

Support activities

Front 33

33. When you have company plan to generate revenue

Back 33

Business model

Front 34

34. The ultimate test of value of corporate level strategy is _____

Back 34

Business in the portfolio increases the firms financial inter logging income.

OR

Business in the portfolio increase the firm's financial returns.

Front 35

35. Usefully a company is classified as singolous business firm or sole proprietorship with the revenue generated by the dominant business which is greater then ?

Back 35

99 %

Front 36

36. What kind of business do stand out?

Back 36

Differentiate a product or service

Front 37

37. What kind of business do to add value to the product

Back 37

To improve the product quality Immediately

Front 38

38. Why is it important for business close to similar shop ?

Back 38

To catch the possible customer to move from store to store

Front 39

39. What do you mean goodwill?

Back 39

Helpful friendly service

Front 40

40. What is the product range ?

Back 40

Having a wide range of product

Front 41

41. How could a business improved it's product quality ?

Back 41

To meet and satisfy the customer needs.

Front 42

42. What is the example of good customer service?

Back 42

Offering your help and service to a customer

Front 43

43. Where would be the best place to start hair dressing business

Back 43

Housing state (subd.) Or close to a housing state

Front 44

44. What will be lowering price create?

Back 44

You will lower your profit or creat lower profit

Front 45

45. What do you mean competitive environment

Back 45

Where there are businesses similar in the area

Front 46

46. An organization strategy is usually conceive at a single time when managers sit down and work out comprehensive strategic plan for the next 3-5years

Back 46

Intermediate and longterm planning

Front 47

47. When the action support grocery delivery which include online servicing ordering and delivered for the next day or same day

Back 47

Value chain

Front 48

48. Corporate strategy implies that the firm will expand by adding new product lines, reduce company size to increase market share, compete distinct industries and all activities

Back 48

Diversification

Front 49

49. This means combining activities related to the present activity of the company and it was widest of the scope for company as market penetration will served is called ______

Back 49

Integration strategies

Front 50

50. The definition of company objectives

Back 50

Vision statement

Front 51

ENUMERATION

LIST THE 5 POPULAR FRANCHISE COMPANIES IN THE PHILIPPINES

Back 51

1. Mang inasal

2. Alfamart

3. Jollibee

4. 7/11

5. Mini stop

Front 52

Enumeration

What are the following components of Business model

Back 52

1. Value proposition

2. Market segment

3. Value chain structure

4. Position and value network / position in value network

5. Competitive strategy

6. Revenue generation and margins

Front 53

51. Who in an organization has responsibility for working towards the vision/mission goals ?

Back 53

Everyone who works for the organization

Front 54

52. What is a comparative environment

Back 54

A dynamic external system in which a business competes and functions

Front 55

53. What can a business do to add value to a product ?

Back 55

Improve quality

Front 56

54. How could a business improve its product quality ?

Back 56

Use better raw materials

Front 57

55. It means combining activities related to the present of a company. It widens the scope for a company as far as market penetration is concerned.

Back 57

Integration strategies

Front 58

56. Which of the following best describe the person is willing to buy franchise of others.

Back 58

Franchisee

Front 59

57. Is not element of supply chain management

Back 59

PRODUCTION