high level view of the direction that an enterprise sets for itself Survival of an Enterprise a guideline over 3-5 year period in the future
A
Strategic Planning
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2
Q
high level view of the direction that an enterprise sets for itself Survival of an Enterprise a guideline over 3-5 year period in the future
A
Strategic Planning
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3
Q
what the enterprise will pursue during the period covered by the strategic plan
A
Strategic Direction Statement
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4
Q
determine areas that the enterprise should focus on to increase its survivability and success, as well as that the areas that they should avoid or decrease its exposure to
A
SWOT Analysis
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5
Q
can be graphical/illustration. -the enterprise can evaluate the planning assumptions and expected outcomes in each scenario and evaluate the relative merit and danger of pursuing a particular course of action.
A
Concepts of Operations Scenarios
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6
Q
identifies how the enterprise will achieve success in pursuing its stated strategic direction
A
Competitive Strategy
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7
Q
competitive strategy is done in two levels:
A
Strategy Related to Growth;
More Specific Strategy Related to Competition and/or Differentiation
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8
Q
long term plan, -objectives that when achieved together will ensure survival and attain success
A
Strategic Goals
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9
Q
activities you need to do to achieve your goals activities chartered by and support goals