MGT108 Chapter 1

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

108 Chapter 1 Questions:

A. Discussion
1. Strategic management also known as strategic planning deals with strategy
formulation, implementation, and evaluation. The latter term is more often used in the
business world, whereas the former is often used in academia. The strategic planning
also refer to only strategy formulation. The purpose of strategic management is to
exploit and create new and different opportunities for tomorrow; long-range planning, in
contrast, tries to optimize for tomorrow the trends of today.
2. The strategic management process can be described as an objective, logical,
systematic approach for making major decisions in an organization. It attempts to
organize qualitative and quantitative information in a way that allows effective decisions
to be made under conditions of uncertainty. Yet strategic management is not a pure
science that lends itself to a nice, neat, one-two-three approach.
3. To survive, all organizations must astutely identify and adapt to change. The strategic
management process is aimed at allowing organizations to adapt effectively to change
over the long run. As Waterman has noted:
An increasing number of companies are gaining a competitive advantage by using the
Internet for direct selling and for communication with suppliers, customers, creditors,
partners, shareholders, clients, and competitors who may be dispersed globally. E-
commerce allows firms to sell products, advertise, purchase supplies, bypass
intermediaries, track inventory, eliminate paperwork, and share information. In total, e-
commerce is minimizing the expense and cumbersomeness of time, distance, and
space in doing business, thus yielding better customer service, greater efficiency,
improved products, and higher profitability.
4. Objectives are essential for organizational success because they state direction; aid
in evaluation; create synergy; reveal priorities; focus coordination; and provide a basis
for effective planning, organizing, motivating, and controlling activities.
5. annual objectives should be measurable, quantitative, challenging, realistic,
consistent, and prioritized.
6.

 War is a matter of vital importance to the state: a matter of life or death, the road
either to survival or ruin. Hence, it is imperative that it be studied thoroughly.
 Generally, in war the best policy is to take a state intact; to ruin it is inferior to
this. To capture the enemy’s entire army is better than to destroy it; to take intact
a regiment, a company, or a squad is better than to destroy it. For to win one
hundred victories in one hundred battles is not the acme of skill. To subdue the
enemy without fighting is the supreme excellence. Those skilled in war subdue
the enemy’s army without battle.
 Know your enemy and know yourself, and in a hundred battles you will never be
defeated. When you are ignorant of the enemy but know yourself, your chances
of winning or losing are equal. If ignorant both of your enemy and of yourself, you
are sure to be defeated in every battle.
 Skillful leaders do not let a strategy inhibit creative counter-movement. Nor
should commands from those at a distance interfere with spontaneous
maneuvering in the immediate situation.
 Brilliant strategists forge ahead with illusion, obscuring the area(s) of major
confrontation, so that opponents divide their forces in an attempt to defend many
areas. Create the appearance of confusion, fear, or vulnerability so the opponent
is helplessly drawn toward this illusion of advantage.
7. Policies, like annual objectives, are especially important in strategy implementation
because they outline an organization’s expectations of its employees and managers.
Policies allow consistency and coordination within and between organizational
departments. Substantial research suggests that a healthier workforce can more
effectively and efficiently implement strategies.
B. Activity
External Opportunities External Threats
-Update of course materials and lecture -Limited student admission in university
contents - Tradition approach to the teacher
- Prioritizing the quality education of the learning process which delays shift to
university student centered-learning.
- Independence in student admission to - Rising number of crime within the
university would open new opportunities campus
and honor to the school - Lack of financial sources
- Increased competitiveness of the - Decreased support from local or
students and the staff government
- Leverage community support
Internal Strength Internal Weakness
-Determination of the strategic plan of the -One sided mobility
university and the action plan of quality - inadequate resources for facilities,
assurance system equipment and etc.
- Transparency and accountability are -Technology materials does not meet
ensured modern standard
- Student complaint or feedback is taken - Security assurance of the campus is not
for consideration fully assumed
-Students were provided with access to - Uneven engagement across students,
the university library, teaching aids and campus and staff
facilities
- New teaching methods and trainings are
applied and ensured to the staff and
students

-Through this activity, I learned a lot about the external and internal factors of our
school. I did not expect to find such high-quality education in Lanao Del Sur, and I feel
honored and privileged to be part of this university. By doing this activity, I got to know
what our school holds and how they administrate the organization. On how they faced
and solved the factors that hindered the quality of education of the students as well as
the university itself, This discussion will benefit the organization as the students will get
informed about the greatness of this school. This news will be spread through promoting
and sharing the achievements of the school, and I know that the incoming students will
be captivated to enter the university.

You might also like