Operational Plans
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Identifies short term activities to implement strategic plans
Plan
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A statement of intended means for accomplishing objectives
Bureaucratic control
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Control that flows through the organization's hierarchy of authority
Core Comptencies
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Things that the organization does exceptionally well in comparison with
competitors
Decisions
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Choices among alternative possible courses of action
sustainable competitive advantage
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Competitive advantage that is durable & difficult or costly for others to
copy or imitate
Importance of planning
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Planning, organizing, leading, controlling
Long-term plans
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Typically look three or more years into the future
Barries to Entry
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Creating a market stronghold that is protected from entry by others
Focus Strategy
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Concentrates attention on a special market segment in the form of a niche
customer group, geographical region, or product/service line
Participatory planning
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Give this one a try later!
Identifies short term activities to implement strategic plans
Plan
Give this one a try later!
A statement of intended means for accomplishing objectives
Bureaucratic control
,Give this one a try later!
Control that flows through the organization's hierarchy of authority
Core Comptencies
Give this one a try later!
Things that the organization does exceptionally well in comparison with
competitors
Decisions
Give this one a try later!
Choices among alternative possible courses of action
sustainable competitive advantage
Give this one a try later!
Competitive advantage that is durable & difficult or costly for others to
copy or imitate
Importance of planning
, Give this one a try later!
Planning, organizing, leading, controlling
Long-term plans
Give this one a try later!
Typically look three or more years into the future
Barries to Entry
Give this one a try later!
Creating a market stronghold that is protected from entry by others
Focus Strategy
Give this one a try later!
Concentrates attention on a special market segment in the form of a niche
customer group, geographical region, or product/service line
Participatory planning
Give this one a try later!
