Summary: Contemporary Strategy Analysis | 9781119576433 | Robert M Grant

Read the summary and the most important questions on Contemporary Strategy Analysis | 9781119576433 | Robert M. Grant

• 1 The Concept of Strategy

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• How do you call the framework that classifies the factors relevant for a firm's strategic decision making into four categories: strengths, weaknesses, opportunities, and threats?

  SWOT framework

• How do you call the consistency of a firm's strategy with its external environment and with its internal environment, especially with its goals and values, resources, and capabilities, and structure and systems?

  Strategic fit

• How do you call a conceptualization of the firm as a set of interrelated activities?

  Activity system

• How do you call the theory that postulates that there is no single best way to design and manage an organization?

  Contingency theory

• How do you call a body of theory that analyzes and predicts the outcomes of competitive (and cooperative) situations where each player's choice of action depends on the choices made by the other by the other players in the game?

  Game theory

• How do you call a systematic approach to resource allocation and strategic decisions within a company over the medium to long-term (typically 4-10 years)?

  Corporate planning

• How do you call a conceptualization of the firm as a collection of resources and capabilities that form the basis of competitive advantage and the foundation for strategy?

  Resource-based view of the firm

• How do you call the goal of an organization in terms of a desired strategic position?

  Strategic intent

• How do you call something that refers to how a firm competes within a particular industry or market?

  Business strategy

• How do you call the strategy conceived by top management with the intention of implementing it within the organization?

  Intended strategy