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COB 487 Chapter 2 & 3 Flashcards | StudBud
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COB 487 Chapter 2 & 3
COB 487 Chapter 2 & 3
8 terms
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StudBud Administration
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Strategic Leadership and External Analysis
Flashcards
8 cards
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Practice quiz
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Questions
8
Answers
1
CK willingly contributes to his efforts in achieving the team's objectives. Which level?
Level 3
Leve 2
Level 4
Level 1
2
Strategic leaders spend the majority of their time working alone to devise new strategies.
True
False
3
Business strategy deals with ______________
when to compete
where to compete
how to compete
4
It is good to break down strategy formulation & implementation into five distinct areas.
True
False
5
The ________ allows the evaluating of changes and trends in a firm's macro environment
GE Matrix
BCG Matrix
PESTEL Framework
VRIO Framework
6
There are only two companies in the industry. What is this industry competitive structure?
Perfect Competition
Monopoly
Oligopoly
Monopolistic Competition
7
In the top-down strategic planning approach, all strategic intelligence relies on ____________.
General Manager
C.E.O.
Functional managers
External Stakeholders
8
Sam's Club, therefore, is a ________ of Walmart.
Strategic Business Unit
Father Company
Corporate Partner
Branch Office