Organizing strategy and entrepreneurship Study guides, Class notes & Summaries

PRINCIPLES OF MANAGEMENT C483 WGU Practice Sets 2023 With 100% Reviews Describe strategic planning *** Making decisions about the organization's long-term goals and strategies Describe strategic goals *** major target long-term goals that are effective and efficient Describe strategy *** pattern of actions and resource allocations designed to achieve the goals of the organization. 1. Where will we be active? 2. How will we get there (increase sales or acquire another company)? 3. How will ...

WGU C483 Principles of Management - (Pre-Assessment) Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? Core competencies Ac...

Extensive summary of the Lectures & the articles of Organizing Strategy and Entrepreneurship (OSE). The summary is well-suited study material in order to pass the exam (71 pages long). Please note that only Lecture 2 is missing.

Chapter 1: The Entrepreneurial Process True/False 1. Entrepreneurship is the process of planning, organizing, operating, and assuming the risk of a business venture. Ans: True Page: 4 2. The word entreprendre refers to the individuals who “undertook” the risk of new enterprise. Ans: True Page: 5 3. Fortunately, entrepreneurs do not communicate with external “stakeholders” such as investors and bankers. Ans: False Page: 5 4. Aspiring entrepreneurs hope for th...

Business Essentials, 9e (Ebert/Griffin) Chapter 3 Entrepreneurship, New Ventures, and Business Ownership 1) The Small Business Administration is the government agency charged with owning small businesses. Answer: FALSE Explanation: The Small Business Administration is a government agency that assists small businesses. Page Ref: 60 Difficulty: Easy Objective: 3.1 Learning Outcome: Describe the role of small businesses in the economy Skill: Concept 2) Small businesses produce more patents...

Summary of the lectures and the papers needed for the exam

WGU C483- PRINCIPLES OF MANAGEMENT – Prep Test with Complete Solutions 100% A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services ANS*** Delivery of products or services What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission statement is d...

C483 WGU PRINCIPLES OF MANAGEMENT- Q&A Correctly Solved 100% A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? ANS- Delivery of products & services What happens when an effective value chain is created? ANS- Profit margins are increased Industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process? ANS- Analysis of external opportunities and threats Skilled manageme...

General Management an Overview Schematic composition of Management Environment Systems Theory Explains relationship between organization & its environment (interdependence). Interrelated elements functioning as one whole. Organisations are not self-sufficient or self contained. They exchange resources with and are dependent upon external environments in which they operate. i.e. organization and its environment interdependent for survival Systems approach ÷ into 4 concepts 1. Open syste...

MODULE 1 - GRADED QUIZ_ CHAPTERS 1 & 2_ ECON 210 MICROECONOMICS Due Oct 20 at 11:59pm Points 100 Questions 25 Time Limit 60 Minutes Allowed Attempts 2 Instructions Graded Quiz Before the end of the module week, take the module quiz. The purpose of the quiz is to assess your mastery of the knowledge and skills presented in your assigned textbook readings. To prepare for the graded quiz, take the Module 1 - Practice Quiz: Chapters 1 & 2. Time Limit: The quiz contains 25 multip...