One of the differences between a Business strategy and a Digital strategy is that a business strategy is often a well-established long-term model. In contrast, a digital strategy is dynamic and adaptable. A. True B. False
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- Strategic management The strategy has its own "lingo" that we should know. Entry at least two words and include a definition +very short explanation Example: Strategy a detailed plan for achieving success in situations such as war, politics, business, industry, or sport, or the skill of planning for such situations. It means that is the activity we do while planning for something that where want to succeed.1. A strategy is a fundamental pattern of present and planned objectives , resource deployments and interactions of an organization with markets , competitors , and other environmental factors . Select one : True False 2. Strategic inertia refers to the automatic continuation of strategies successful in the past , even though current market conditions are changing . Select one : True FalseAlthough organisations will have distinct business strategies, still they follow the same organizational structure to effectively execute thier strategy. state whether it is true or false . send the answer fast. I jst need answer
- The balanced scorecard is related to the strategy map in a way similar to howa. the value chain is related to product differentiation.b. SWOT analysis is related to execution.c. the organization’s key activities are related to the value chain.d. sustainability can be related to financial reporting“Strategy is all talk, no action. Every company is certain it has a rock-solid strategy (see, it’s right there in the company newsletter!). But going from paper to execution is where most companies fail—nine out of 10, to be exact, according to Robert Kaplan and David Norton, who in 1990 developed the Balanced Scorecard concept—a set of measures to track customers, internal processes, learning and growth.Kaplan: “Let’s use Mobil [a Balanced Scorecard client] as an example.At the highest level, they have their mission statement:To offer the number-one buying experience for consumers when they purchase gasoline.The next level would be the vision:To become the most profitable integrated oil and gas refining marketing company.The specifics when you get in the financial perspective are,• we will grow revenue 2 percent faster than the industry average.• we will get an increasing share of our revenue from non-gasoline products and services. Now you’re getting very specific. The customer piece…Competitive success in fast changing markets primarily depend on a comany's ability to innovate and adapt as market-conditions change, which in turn requires that it reshape its strategy constantly With reference to the above statement, evaluate the strategic moves that seem to offer the best result in fast changing markets. Provide practicals excamples to enhance your analysis
- My selected company is aboitiz power, can you provide the following information additional information needed for business plan : COVER PAGE INTRODUCTION Background of the study on Global Business Management Time Context of the Study Company Profile: Background / History of the Company Company Performance Statement of the Problem Objectives Areas of Consideration ALTERNATIVES AND ANALYSIS (Cite discussion for each alternative course of action; with advantages and disadvantages for each course of action) RESULTS AND DISCUSSION CONCLUSION AND RECOMMENDATION Appendices 2013-On-track-with-Strategy.pdf (aboitizpower.com) https://aboitizpower.com https://aboitizpower.com/wp-content/uploads/Aboitiz-annual-report-2012.pdf https://aboitizpower.com/about-us/ http://edge.pse.com.ph/companyInformation/form.do/ https://www.gurufocus.com/term/wacc/ABZPF/WACC-/Aboitiz-Power-Corp 2013-On-track-with-Strategy.pdf (aboitizpower.com) Power Generation at AboitizPowerTo generate value it is best to link IT strategy as closely as possible to business strategy. A. True B. False11. If an IS organization is viewed as a cost center/service provider, its strategic planning process is typically directed inward and focused on determining how to do what it is currently doing but doing it cheaper, faster, and better. a. True b. False 14 The strategic plan of an information system (IS) must identify those technologies, vendors, competencies, people, systems, and projects in which an organization will invest to support the corporate and business unit strategies. a. True b. False 16. The release of a new and more powerful mobile computing device or data-crunching software package can influence the strategic plan of an information system. a. True b. False
- Which of the following is NOT true of a good balanced scorecard? a. It identifies all measures, whether significant or small, that help to implement strategy. b. It uses nonfinancial measures to serve as leading indicators of future financial performance. c. It helps to communicate corporate strategy to all members of the organization. d. It tells the story of a company's strategy by articulating a sequence of cause-and-effect relationships.1.The description of how different levels and employees in the organization must perform for the organization to achieve its goals is a:A)business-level strategy.B)business model.C)mission statement.D)balanced scorecard.E)None of the above. 2.Which of the following statements regarding multiple measures or a single measure of performance is not correct?A)The advantage of using branch profits to evaluate branch mangers is that profit is relatively simple to compute and reflects the organization's ultimate goal.B)The use of multiple measures can influence branch managers' decisions by changing the components of the performance measurement system to reflect changes in the firm's strategy.C)If the branch managers are more knowledgeable than the corporate staff about local conditions and what local clients value, a single measure could be preferable.D)If the corporate office has better knowledge of what it requires to operate a profitable branch, using multiple measures provides a way to…When a company defines its mission like "To be a world class competitor", it creates a _____ place in the minds of its customers. Select one: a. Challenging b. Precise c. Specific d. All the mentioned options are wrong