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MA 207

MA 207

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Across
10.plans that cover less than one year
11.accurate info. about competitors that allows managers to anticipate competitor's actions rather than merely react to them
15.strategy an organization follows when it wants to be the lowestr-cost producer in its industry
19.occurs when two companies combine their resources to form a new company
20.strategy characteristic of a company that is reducing its size, usually in an enviromental of decline
22.plan that is ongoing and provides guidance for repeatedly performed actions in an organization
23.plans that are organization-wide, establish overall objectives, and position an organization in terms of its environment
24.negative external enviromental factors
25.plans that cover more than one year
26.occurs when a larger company buys a smaller one and incorporates the acquired company's operators into it's own
27.a strategy in which an organization attempts to increase the level of its operators:can take the form of increasing sales revenue,number of employees, or market share
Down
1.plans that specify the details of how an organization's overall objectives are to be achieved
2.to position an organization in such a way that it will have a distinct advantage over its competition
3.a nine-step process that involves strategic planning, implementation, and evaluation
4.the purpose of an organization
5.simultaneous pursuit by an organization of two or more or growth, stability, and retrenchment strategies
6.a system in which specific performance objectives are jointly determined by subordinates and their supervisions, progress toward objectives is periodically reviewed, and rewards are allocated on the basis of that progress
7.any of the strengths that represent unique skills or resources that can determine the organization's competitive edge
8.internal resources that are available or things that an organization does well
9.the four primary types of strategies:growth, stability, retrenchment and combination
10.plans that have clearly defined objectives and leave no room for misinterpretation
12.a strategy that is characterized by an absense of significant change
13.flexible plans that set out general guidelines
14.analysis of an organization's strengths, weaknesses, opportunities, and threats in order to identify a strategic niche that the organization can exploit
16.plan that is usedto meet the needs of a particular or unique situation
17.screening large amounts of information to detect emerging trends and create a set of scenarios
18.positive external environmental factors
21.resources that an organization lacks or activities that it does not do well

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