Strategic Management Worksheet

Consists of the analyses, decisions, and actions an organization undertakes
Starting point of the strategic management process
Decsions made by firms regarding investments, committments, and other aspects of operations
Actions made by firms that carry out the formulated strategy
Relationship among various participants in determining the direction and performance of corporations
The expectation that businesses or individuals will strive to improve the overall welfare of society
Assessment of a firm's financial, social, and environmental performance
Organizational goal that evokes powerful and compelling mental images
Organizational goals that include the purpose of the organization
Set of organizational goals that are used to operationalize the mission statement and are specific
Surveillance of a firm's external environment
A Firms activities of collecting and interpreting data
A framework for analyzing a company's internal and external environments
Factors external to an industry and usually beyond a firm's control
Practice wherein the internet is used to tap a broad range of individuals and groups
A group of firms that produce similar goods or services