Chapter 6- Organizational Strategy - Part 1 Worksheet

portfolio strategy developed by the Boston consulting group that categorizes corporations’ businesses by growth rate a relative market share and helps managers decide how to invest corporate funds
A company with a large share of a fast-growing market
a company with a small share of a fast-growing market
A company with a large share of a slow growing market
a company with a small share of a slow growing market
A broad corporate level strategic plan used to achieve strategic goals and guide the strategic alternatives that managers of individual businesses or sub units may use
a strategy that focuses on increasing profits, revenues, market share, or the number of places in which the company does business.
a strategy that focuses on improving the way in which the company sells the same
a strategy that focuses on improving the way in which the company sells the same products or services to the same customers
a strategy that focuses on turning around very poor company performance by shrinking the size or scope of the business
the strategic actions taken after retrenchment to return to a growth strategy
a corporate strategy that addresses the question “how should we compete in this industry?”
a measure of the intensity of competitive behavior between companies in an industry
a measure of the degree to which barriers to entry make it easy or difficult for new companies to get started in an industry.
a measure of the ease with which customers can find substitutes for an industry's products or services
A measure of the influence that suppliers of parts, materials, and services to firms in an industry have on the prices of these inputs
a strategy of producing a product or service of acceptable quality at consistently lower production costs than competitors can, so that the firm can offer the product or service at the lowest price in the industry
the positioning strategy of providing a product or service that is sufficiently different from competitors’ offerings that customers are willing to pay a premium price for it
the strategy of using cost leadership or differentiation to produce a specialized product or service for a limited, specially targeted group of customers in a geographic region or market segment
companies using an adaptive strategy aimed at defending strategic positions by seeking moderate, steady growth and by offering a limited range of high-quality products and services to a well-defined set of customers
companies using an adaptive strategy that seeks fast growth by searching for new marketopportunities, encouraging risk taking, and being the first to bring innovative new products to market
companies using an adaptive strategy that seeks to minimize risk an maximize profits by following or imitating the proven successes of prospector's
companies that do not follow a consistent adaptive strategy but instead react to changes in the external environment after they occur
a corporate strategy that addresses the question “how should we compete against a firm?”
a rivalry between 2 companies that offer similar products and services, acknowledge each other as rivals, and act and react to each other strategic actions