Glossary
- Acquisition
When a large organization purchases (acquires) a smaller firm; a merger.
- Actionable responses
Meaningful in terms of having strategic implications; suggestive of potential strategies to capitalize on or compensate for.
- Activity ratios
Inventory turnover and average collection period measure how effectively a firm is using its resources.
- Advantage
A way to evaluate strategies; to determine if a particular strategy creates or extends a firm’s competitive superiority in a selected area of activity.
- Aggressive quadrant
In a SPACE matrix analysis, when the firm’s directional vector points in the upper-right quadrant, the firm should pursue aggressive strategies.
- Annual objectives
Short-term milestones that organizations must achieve ...
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