Is Kaitlyn nice?
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No
Groups of clusters of firms within an industry that are constrained by similar resource
positions and follow similar strategies are called:
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Strategic groups
What does the book argue is a competency of Disney?
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creativity: "imagineering"
assumes that organizations do not have to submit to existing forces in the
environment--they can, in part, shape their environments through strategic actions
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Enactment
examples of major social issues
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influence of terrorism, immigration policies, increase in environmental
awareness and global warming, corruption in business, mistrust of
capitalism, role of government in healthcare and the economy, influence of
the WWW, importance of the military, levels of foreign direct investment,
drug and pornography addiction, AIDS and other health problems, safety
of food and products
Why is the analysis of societal trends/sociocultural force important?
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-stakeholder groups are also members of society, so some of their values
and beliefs are derived from broader societal influences
-firms may also enhance their general reputations and reduce the risk of
, hurting their reputations by anticipating and adjusting for sociocultural
trends
impacts much more than one product category or one industry
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basic innovation
Strategy should be based on what an organization does well compared to rivals or on
the resources and capabilities the firm __ that will create a competitive advantage in
the future
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wants to develop
examples of financial resources
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strong cash flow
strong balance sheet
capacity to borrow/credit ratings
superior past performance
Examples of entry barriers
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No
Groups of clusters of firms within an industry that are constrained by similar resource
positions and follow similar strategies are called:
Give this one a try later!
Strategic groups
What does the book argue is a competency of Disney?
,Give this one a try later!
creativity: "imagineering"
assumes that organizations do not have to submit to existing forces in the
environment--they can, in part, shape their environments through strategic actions
Give this one a try later!
Enactment
examples of major social issues
Give this one a try later!
influence of terrorism, immigration policies, increase in environmental
awareness and global warming, corruption in business, mistrust of
capitalism, role of government in healthcare and the economy, influence of
the WWW, importance of the military, levels of foreign direct investment,
drug and pornography addiction, AIDS and other health problems, safety
of food and products
Why is the analysis of societal trends/sociocultural force important?
Give this one a try later!
-stakeholder groups are also members of society, so some of their values
and beliefs are derived from broader societal influences
-firms may also enhance their general reputations and reduce the risk of
, hurting their reputations by anticipating and adjusting for sociocultural
trends
impacts much more than one product category or one industry
Give this one a try later!
basic innovation
Strategy should be based on what an organization does well compared to rivals or on
the resources and capabilities the firm __ that will create a competitive advantage in
the future
Give this one a try later!
wants to develop
examples of financial resources
Give this one a try later!
strong cash flow
strong balance sheet
capacity to borrow/credit ratings
superior past performance
Examples of entry barriers
