Test Bank - Strategic Management and Business Policy Globalization, Innovation and Sustainability, Global Edition, 16th edition by Thomas Wheelen , Alan Hoffman All Chapters 1-13

Basic Concepts of S c c c




trategic Managem c




ent


Chapter 1
c




Learning Objectives c




✦ Understand the benefits of strategic
c c c c c




managementcc ‫االستراتيجية‬c‫اإلدارة‬c‫فوائد‬c‫فهم‬
✦Explain how globalization and environmental sustai
c c c c c




nability influence strategic
c c



managementc‫واالستدامة‬c‫العولمة‬c‫تؤثر‬c‫كيف‬c‫رشح‬c ‫ا‬
‫رتاتيجية‬c‫االس‬
‫ اإلدارة‬. ‫البيئية‬
‫يف‬c
✦Understand the basic model of strategic
c c c c c




management and its components ‫فهم النموذج‬
c c c c c




‫ومكوناتها‬c‫رتاتيجية‬c‫االس‬c‫لإلدارة‬c‫يس‬c c ‫األسا‬
Copyrightc©c2015cPearsoncEducation,cInc. 1-2

, Learning Objectives c




✦Identify some common triggering events that
c c c c c




actas stimuli for strategicchange ‫حددبعض‬
c c c c c c c




.c ‫رتات‬c‫االس‬c ‫للتغ‬c‫محفزات‬c‫تشكل‬c ‫ر‬c‫ال‬c ‫المث‬c‫األحداث‬
‫يج‬c ‫رت‬c ‫يت‬c ‫رتة‬c
✦Understand strategic decision-making c c




modes‫رتاتيجية‬c‫االس‬c‫القرار‬c‫اتخاذ‬c ‫أنماط‬c ‫فهم‬
✦Use the strategic audit as a method of
c c c c c c c




analyzing corporate functions and c c c




activitiesc‫التدقيق‬c‫رلشكاتاستخدم‬cc‫ا‬c‫وأنشطة‬c‫وظائف‬
‫لتحليل‬c‫كطريقة‬c‫يج‬c .c‫رتات‬c‫االس‬
Copyrightc ©c 2015c Pearsonc Education,c Inc. 1-3




The Study of Strategic Management
c c c c




✦Strategic Management c




9 a set of managerial decisions and actions that determ
c c c c c c c c c




ines the long-run performance of a corporation
c c c c c c




‫األداء‬c‫تحدد‬c‫يرت‬c ‫ال‬c‫اإلدارية‬c‫واإلجراءات‬c‫القرارات‬c‫من‬c‫مجموعة‬
‫رشكة‬c ‫لل‬c‫األجل‬c‫طويل‬




Copyrightc©c2015cPearsoncEducation,cInc. 1-4

, The Study of Strategic Management
c c c c




Strategic Management includes: :‫إلدارة اإلستراتيجية تشمل‬
c c c c c




✦Internal and external environment scanning ‫مسح البيئة‬
c c c c c c c



‫والخارجية‬c ‫الداخلية‬
✦ Strategy formulation ‫صياغة االستراتيجية‬
c c c c




✦ Strategy implementation ‫تنفيذ اإلستراتيجية‬
c c c c




✦Evaluation and control ‫التقييم والتحكم‬
c c c c c




‫ا‬

Strategic management includes environmental scanning (both external a
c c c c c c c


nd internal), strategy formulation (strategic or long-
c c c c c c


range planning), strategy implementation and evaluation and control
c c c c c c c




Copyrightc ©c 2015c Pearsonc Education,c Inc. 1-5




Phases of Strategic Management c c c




Phase 1: Basic financial c c c
As managers attempt to
c c c c


better deal with their ch
planning
c c c c


anging world, a firm gen c c c c


erally evolves through th
c c c



Phase 2: Forecast-based c c
e following four
c c




planning
Phase 3: Externally oriented c c c




strategic planning c




Phase 4: Strategic managem c c c




ent
Copyrightc©c2015cPearsoncEducation,cInc. 1-6

, Benefits of Strategic Management c c c




✦ The attainment of an appropriate match, or “fit,” between an o
c c c c c c c c c c c



rganization’s environment and its strategy, structure and proce c c c c c c c



sses has positive effects on the organization’s
c c c c c c


‫رتاتي‬c‫واس‬cperformance.c‫المؤسسة‬c‫بيئة‬c‫ي‬.c ‫ب‬c"‫"مناسبة‬c‫أو‬c‫مناسبة‬c‫مطابقة‬c‫تحقيق‬c‫إن‬
‫ر‬c
‫المؤسسة‬c‫أداء‬c‫عىل‬c‫إيجابية‬c‫آثار‬c‫له‬c‫وعملياتها‬c‫وهيكلها‬c‫جيتها‬
✦ Strategic planning becomes increasingly important as the environment
c c c c c c c c



becomes more unstable. ‫يصبح التخطيط‬
c c c c c




.‫مستقرة‬c‫رت‬c‫غ‬c‫البيئة‬c‫تصبح‬c‫حيث‬c‫أهمية‬c‫رت‬c‫أك‬c‫يج‬c .c ‫رتات‬c‫اإلس‬
The attainment of an appropriate match, or “fit,” between an organization’s environ
c c c c c c c c c c c


ment and its strategy, structure and processes has positive effects on the organizati
c c c c c c c c c c c c


on’s performance. Strategic planning becomes increasingly important as the envir
c c c c c c c c c


onment becomes more unstable
c c c




Copyrightc ©c 2015c Pearsonc Education,c Inc. 1-7




Benefits of Strategic Management c c c




✦ A survey of nearly 50 corporations in a variety of count
c c c c c c c c c c c




ries and industries found the three most highly rated b
c c c c c c c c c




enefits of strategic management to
c c c c




be:c‫متنوعة‬c‫مجموعة‬c‫يف‬c.c ‫رشكة‬c 50c‫من‬c‫يقرب‬c‫لما‬c‫استقصائية‬c‫دراسة‬c‫وجدت‬
:‫يه‬c c ‫رتاتيجية‬c‫االس‬c‫لإلدارة‬c‫تقييما‬
ً c‫رت‬c‫األك‬c‫الثالثة‬c‫الفوائد‬c‫أن‬c‫والصناعات‬c‫البلدان‬c‫من‬
✦Clearer sense of strategic vision for the firm ‫شعورأوضح‬
c c c c c c c c c c


‫رشكة‬c‫لل‬c‫رتاتيجية‬c‫االس‬c‫الرؤية‬c‫من‬
✦Sharper focus on what is strategically important‫ت‬.‫التركر‬
c c c c c c c c
c
c
c



‫رتاتيجيا‬c‫اس‬c‫مهم‬c‫هو‬c‫ما‬c‫عىل‬

✦ Improved understanding of a rapidly changing
c c c c c c




environment‫بشعة‬c ‫رتة‬c‫متغ‬c ‫لبيئة‬c‫الفهم‬c ‫ري‬.c ‫تحس‬
Copyrightc©c2015cPearsoncEducation,cInc. 1-8