STRAMA

Front

It refers to the analysis of the resources available that is present in the internal environment that could be used as competitive advantage

Back

Resource - Based Model

Front

It flows from strategic mission and intent that define the firm's direction in the pursuits of its operation and corporate expansion.

Back

Strategic Mission

Front

It refers to the analysis of the prevailing industry where the firm has its competitive advantage with another firm in the environment.

Back

Industry - Based Model

Front

It hinges on customer satisfactions and based on a well-developed marketing strategy.

Back

Corporate Profitability

Front

is the development of the fast changes in the production of products that affect competition in the new world of business.

Back

Increased Rate of Technological Change

Front

It refers to the presence of new computers that makes communication within the tip of the fingers in business transaction

Back

The Advancement in Information Linkages

Front

It refers to the production of more products that reduces the cost of production per unit.

Back

Economies of Scale

Front

It refers to the strategy of developing new business enterprise by integrating its operation with related industry.

Back

Horizontal and Vertical Expansion

Front

Success in business operation is seeing the future with an eye that could penetrate miles ahead.
Options: TRUE, FALSE

Back

TRUE

Front

Suppliers of production inputs are no partners in the development of better products.

Back

False