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6 Cards in this Set
- Front
- Back
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strategy
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a set of related actions that managers take to increase their company's performance.
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strategic leadership
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is about how to most effectively manage a company's strategy-making process to create competitive advantage.
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strategy formulation
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the task of selecting strategies
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strategy implementation
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the task of putting strategies into action, which includes designing, delivering, and supporting products; improving the efficiency and effectiveness of operations
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risk capital
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capital that cannot be recovered if a company fails and goes bankrupt.
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shareholder value
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the returns that shareholders earn from purchasing shares in a company. These returns come from two sources: (a) capital appreciation in the value of a company's shares and (b) dividend payments.
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