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Strategy

Lecture 1-2: Strategy Equation & External Analysis

Comprehensive exam-preparation quiz covering the foundations of strategy, strategic choices, dependence, market vs non-market actors, case method caveats, PESTEL, Porter’s Five Forces, concentration, elasticity, and buyer/supplier power.

Question 6 of 50

Group each element into the correct component of strategy.

Drag each statement into the correct group.

Sort every statement: place all cards into a group, then check your answer.

Statements

6

Drag each statement into the correct group.

Not observable to rivals and lives in the CEO's head

Internal goal or purpose behind an action

Can be measured as lag or lead indicators

Characterized by trade-offs, commitment, and uncertainty

Observable move made by the firm

Profit, revenue, or stock-market performance used to judge the firm

Intent

0

Drop matching statements here.

Drop statements here

Action

0

Drop matching statements here.

Drop statements here

Outcome

0

Drop matching statements here.

Drop statements here