It is the instruction on how a policy is followed.

(a)  

It refers to a direction toward a goal.

(a)  

These are the actions taken to support that strategy.

(a)  

It revolves around the idea of planning, organizing, staffing, coordinating, controlling and evaluating.

(a)  

The set of rules that guides the decisions and actions of the members of the organization.

(a)  

It generally refers to a set of rules that guides the conduct of the business in pursuit of profit and other objectives of the business organization.

(a)  

It is the management of an organization's resources to achieve its goals and objectives.

(a)  

It generally refers to a set of rules that govern its action. They define the limits of (Do's and Don't) what must be made.

(a)  

It refers to the original strategy that management plans and intends to implement.

(a)  

It refers to the actual and eventual strategy that management actually implements.

(a)  

A set of competitive moves and business approaches that management is employing to run the company.

(a)  

It refers to top management’s plan to attain the outcomes consistent with the organization’s mission and goals

(a)  

Among others, strategy is management (a)  

also known as the management's game plan

(a)  

It means “to plan the destruction of one’s enemies through effective use of resources.”

(a)  

The strategy originated from what Greek word?

(a)  

It refers to the entire process of strategic decision-making that relates to its environment, guides internal activities, and determines the long-term performance of the organization.

(a)  

A set of managerial decisions and actions that determine the long-run performance of a corporation.

(a)  

It is considered a continuous and dynamic process in the sense that being externally-oriented and driven by macro and micro environmental conditions, managers have to be always conscious that business being an ongoing wealth creation endeavour, appropriate efforts have to be made to ensure profitable operations and survive in times of trouble.

(a)  

This strategy type includes companies with limited product line that focus on improving the efficiency of their existing operations.

(a)  

This strategy type of companies with fairly broad product lines that focus on product innovation and market opportunities.

(a)  

This strategy type includes business organizations that operate in at least two different product-market areas, one stable and one variable

(a)  

This strategy type includes companies that lack a consistent strategystructure-culture relationship. Their (often ineffective) responses to environmental pressures tend to be piecemeal strategic changes.

(a)  

It is a conceptual action aiming at the achievement of a goal.

(a)  

It is the overall campaign plan, which may involve complex operational patterns, activity, and decision making that govern tactical execution.

(a)  

A form of approach in which initiatives in creating and developing policies and strategies come from the top management. Together with rank and file tasked to implementing or following the policies and strategies.

(a)  

Policy and strategy initiatives emanate from the bottom or rank and file. From which top management develops concrete policies and strategies for the lower-ranked employees to observe or follow.

(a)  

Policy and strategy initiatives are taken by the top management then filtered down to lower-ranked personnel for consultations then returned back to the top management for refinements.

(a)  

something like hard and unusual decisions that need to be done for certain strategic considerations

(a)  

These are made contrary to existing policies, norms and practices all in the same of strategic reasons or considerations.

(a)  

In this mode, strategy is made by one powerful individual and the focus is on opportunities; problems are secondary.

(a)  

Sometimes referred to as “muddling through” this mode is characterized by reactive solutions to existing problems, rather than proactive search for new opportunities.

(a)  

This decision-making mode involves the systematic gathering of appropriate information for situation analysis, the generation of feasible alternative strategies, and the rational selection of the most appropriate strategy. It includes both the proactive search of new opportunities and the reactive solution of existing problems.

(a)  

In this mode, top management has a reasonably clear idea of the corporation’s mission and objectives, but in its development of strategies, it chooses to use “an interactive process in which the organization probes the future, experiments, and learns from a series of partial (incremental) commitments rather than through global formulation of total strategies.”

(a)  

It is the process of setting goals, procedures and objectives in order to make a company or organization more competitive.

(a)  

It is the best plan opted from a number of plans, in order to achieve organizational goals and objectives.

(a)  

It is a set of common rules and regulations, which forms as base to take the day to day decisions.

(a)  

It is the plan of action.

(a)  

A principle of action.

(a)  

Business policies are generally (a)   in nature.

Strategy is more (a)   in context.

Companies with this type of strategy are not looking to change their position in the market, instead, they wish to defend and maintain their position whilst improving their margins.

(a)  

Companies in this type of strategy are seen to be first movers in markets with their growth driven by innovation and thought leadership.

(a)  

Companies in this type of strategy attempt to take the best part of both defender and prospector. They are defending their current market position, whilst looking for new opportunities and innovating.

(a)  

Companies in this type of strategy focus on their external environment and change their strategy depending on the threats or opportunities that arise and impact them.

(a)  

refers to situations or scenarios that may have caused or resulted to the actions or initiatives of the top management of the firm to consider certain strategic options to make the firm competitive or to achieve certain strategic objectives

(a)  

Are those situations and scenarios intervening or disturbing the business organization on account of factors internal or inherent to the firm itself and one that the company can exercise certain level of control. S

(a)  

Are those factors external to the firm or matters where the business organization itself may not like or want to happen but there is nothing much it can do – as compared to internal triggering events.

(a)  

suggests that under ideal conditions, there are four categories of market conditions that can be either favorable or unfavorable to the business.

(a)  

This so-called theory of the firm also referred as the types of

(a)  

It is a market structure characterized by the existence of a single seller of a product which dominates the market.

(a)  

This type of market has more than one producer or seller of a product, which may be either homogenous or differentiated.

(a)  

Exist when many sellers offer similar products that are not perfect substitutes for one another.

(a)  

It is a market structure characterized by many producers or sellers and a homogenous product. The market has almost similar product or service and no single firm dominates the market.

(a)  

sometimes referred to as the S-curve is a living proof that just like humans, there is beginning and end for everything and the same is true for every product or service in this world. T

(a)  

This concept is used by management and by marketing professionals as a factor in deciding when it is appropriate to increase advertising, reduce prices, expand to new markets, or redesign packaging.

(a)  

What are the four stages of product life cycle?

This stage of the cycle could be the most expensive for a company launching a new product.

(a)  

The (a)   stage is typically characterized by a strong growth in sales and profits, and because the company can start to benefit from economies of scale in production, the profit margins, as well as the overall amount of profit, will increase.

During the this stage, the product is established and the aim for the manufacturer is now to maintain the market share they have built up.

(a)  

e. Eventually, the market for a product will start to shrink, and this is what‘s known as the

(a)  

The theory of the (a)   suggests that as the business organizations stay much longer in the business or the industry, the business organization accumulates a body of knowledge and experience that enables the firm to do its business better.

also referred to as the learning curve.

(a)  

postulates that there is a decline in per unit cost of production (or activity) as the volume of production (or services rendered) is increased

(a)  

The more experience a business in producing a particular product, the lower the cost. TRUE OR FALSE?

(a)  

 are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced. 

(a)  

Economies of scale happens because costs are spread over a larger number of goods. TRUE OR FALSE?

(a)  

Economies of scale can be both internal and external. TRUE OR FALSE?

(a)  

 happen when a company cuts costs internally, so they're unique to that particular firm.

(a)  

are achieved because of external factors, or factors that affect an entire industry.

(a)  

is the process of selling & buying which done via web or internet.

(a)  

WHAT ARE THE TYPES OF E-COMMERCE?

Implies the online presence of the business firm.

(a)  

To put it simply, e-business refers to buying and selling online, 

while e-commerce encompasses all business conducted online” TRUE OR FALSE?

(a)  

To put it simply, e-commerce refers to buying and selling online, 

while e-business encompasses all business conducted online” TRUE OR FALSE?

(a)  

E-business is not confined to buying and selling of goods only, but it includes other activities that also form part of business like providing services to the customers, communicating with employees, client or business partners can contact the company in case if they want to have a word with the company, or they have any issue regarding the services, etc. TRUE OR FALSE?

(a)  

All they do is sell one particular type of product over the internet

(a)  

Business in which a company uses both shops and the internet to sell products. 

(a)  

are alternative choices potential customers can pick over any new product.

(a)  

Products that provide the same benefits to the customer and are aimed at similar target markets.

(a)  

Competitive product can be classified into the following three distinct categories. What are those?

products allow the customers to achieve the same benefit using different technology.

(a)  

 products that perform similar functions but in different contexts or for different purposes

(a)  

the contest or rivalry among the companies selling similar products (or an alternative product) and/or targeting the same target audience to get more sales, increase revenue, and gain more market share as compared to others.

(a)  

usually a fact in a profitable market – many players produce similar products, sell through similar channels, and even target the same audience

(a)  

 the amount of money expected, required, or given in payment for something

(a)  

The standard of something as measured against other things of a similar kind

(a)  

the process of deeply understanding customer/user needs and then creating a product or service-physical, digital, or both

(a)  

refer to any transactions where money or value is exchanged for the ownership of a good or entitlement to a service

(a)  

are vendors that sell the same products to the same audience and compete for the same potential market

(a)  

 are vendors that sell products or services that are not necessarily the same but satisfy the same consumer need.

(a)  

 are those that offer a different product and have a different goal, but use the same consumer resources

(a)  

an American academic known for his theories on economics, business strategy, and social causes. 

(a)  

Generally refers to products or services which prospective buyers can buy or source elsewhere whose utility, function and/or use is similar to a desired product for a lesser price or other reasons.

(a)