EXAM 1 REVIEW - EXAM REVIEW Multiple choice 54 questions...

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EXAM REVIEW Multiple choice – 54 questions – Who controls destiny of organization? Managers and external Key attributes of strategic management (4) ex. Strategy should be geared towards overall objectives, pay attention to all stakeholders, orgs need to be affective/efficient, long term/long term matter Strategic management trickles down to other managers Minceburg model – intendent strategy, realized strategy, emergent strategy, etc. KNOW THE MODEL Stakeholder management, symbiosis Social responsibility Hierarchy of goals – direction to organization – broad to specific – long to short term Strategic objective examples. Must be a SMART objective Opportunity example from SWOT analysis General environment framework – political segment, demographic segment, etc. – we shouldn’t forget about each segment… know sea world documentary (blackfish) – understand this framework well and its implications Lots of questions on porter’s industry 5 forces analysis
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  • Fall '07
  • Nordtvedt
  • Management, Direct contact w/, general environment framework, Strategic management trickles, Strategic objective examples

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