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Card 6

Front

What term is used for the 'long-term direction of an organisation'?

Back

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Card 7

Front

What term is used for a situation where early events and decisions establish policy paths that have lasting effects on subsequent events and decisions?

Back

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Card 8

Front

What term is used for M&A integration in which it is implied that both the acquired firm and the acquiring firm learn the best qualities from the other?

Back

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Card 9

Front

In the context of strategic alliances, what is meant by the term 'collaborative advantage'?

Back

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Card 10

Front

When using PESTEL it is easy to get overwhelmed by a multitude of details. Instead, it is important to step back and identify the:

Back

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Card 11

Front

Strategic choices require an understanding of:

Back

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Card 12

Front

A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits?

Back

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Card 13

Front

Best-in-class benchmarking seeks to assess organisational performance against:

Back

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Card 14

Front

Core competences are the skills and abilities by which resources are deployed through anorganisation’s activities and processes such as to:

Back

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Card 15

Front

Who shapes and communicates strategy?

Back

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