MG3047 Strategic management

1. Identification of what 'helps managers to focus on the environmental factors that are most important and which must be addressed most urgently'? (3, 7, 3, 6)
4. 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? (7)
7. 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? (9)
8. What term is used for an organisation's abilities to renew and recreate its strategic capabilities to meet the needs of a changing environment? (7, 12)

2. What name is given to the process of divulging information to outside bodies when a person believes that their organisation is failing in its corporate social responsibility? (7, 7)
3. What name is given to the purchase of components and services from the most appropriate suppliers around the world regardless of location? (6, 8)
5. What term is used for the process by which innovations spread among users? (9)
6. What term is used for two or more organisations sharing resources and activities to pursue a strategy? (8)
9. What term is used for the 'long-term direction of an organisation'? (8)
10. The Royal Bank of Scotland's consortium competed with Barclays Bank to acquire the Dutch bank ABN AMRO: the Royal Bank of Scotland won, but the excessive price of '70bn (~$98bn) soon drove the victor into financial collapse and government ownership. (7, 5)

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