Strategic management - The classical approach to strategic management - Situational analysis
13 important questions on Strategic management - The classical approach to strategic management - Situational analysis
What is a vision?
The 7-S model consists of seven management factors that are independent, of equal importance, and closely connected. What are the seven management factors?
- Structure
- Systems
- Managerial style
- Staff
- Key skills
- Strategies
- Shared values
What is managerial style?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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How can a vision affect operational management?
- By motivating employees
- By focusing the attention of employees on relevant activities
- By creating a framework that shows employees how tasks should be done and how these tasks fit into the bigger picture
Principles relate to the norms and values of the organisation and can be compared to societal norms and values. What could be aspects of an organisation's principles?
- Quality first
- Customer first
- Reliability and honesty
- Employees are reliable and honest
- Employees are the organization's strength
- Focussing personal self awareness
- Contributing to society
What are organisational goals?
To what subjects relate organisational goals often?
- Balance of interests
- Profitability
- Quality
- Effectivity and efficiency
- Image
- Code of conduct
What is an internal audit (management audit)?
In which ways can an investigation into strengths and weaknesses be carried out?
- Based on functions
- Based on results
What is an internal investigation by functional areas?
What is a partial or singular approach? What are the risks and advantages?
What is an integral approach?
What is an internal audit based on results?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
