BU111 Midterm: BU111-Mid-Term-Exam-Notes-OneClass

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purpledog889

22 Oct 2017

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BU111 Full Course Notes

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Those factors and attributes that companies have ongoing success. Your strategy is the plan ( what you do and do not want to do) You can adjust your strategy on your environmental conditions, that is the main piece to focus on because you cannot change the enviirpnemt, you have work around them (ex. Pest, industry forces, laws, social factors, society, demographics) There is also a speci c environment based on your industry, every industry is di erent (ex. the soft drink industry is di erent from the bank industry) Your vision and vision is what makes the strategy become a reality. Therefore your internal organization is what originates these plans and steps to become successful. Strategy: the plan the business uses to pursue opportunities and achieve csf. The critical link variable between organization and environment. Consistency internally leads to performance alignment external ensures strategy right for the given environment.

Related Questions

The term business ethics is best described by the following statement:

a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.

b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards, and rules of conduct."

c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession."

d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.

e. It comprises the principles, values, and standards that guide behavior in the world of business

sapphireskunk152

Professor Adam wants to study how people join a small extremist political organization dedicated to right- wing ideas. He first interviews recent recruits and asks who introduced him/her to the organization. He next interviews the named person and asks who introduced him/her to the organization, and so forth. What type of sample is the professor using?