QUIZ 1 A

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Quiz 1 A

Management

Last updated 2:11 PM on 8/15/23
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5 Terms

1
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The management of organizations overall long term objectives
Strategic Management
2
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a step and transformational change that movesan organization to a new and sustainable competitive position and islikely to require changes in existing strategy
Strategic change
3
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an organizational learning that sustainsand incrementally improves productivity and customer value in dailymanagement, subject to the requirements of an organization’s strategy.
Continuous improvement
4
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the process of planning sequencing activitiesin terms of responsibilities and resources within a given time-frame tobe able to progress an organization’s purpose over time
Strategic planning
5
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a business-level strategy designed to sustain a competitive advantage over rivals and potential rivals.
Competitive strategy