[BSM 600] - Final Exam Guide - Ultimate 53 pages long Study Guide!

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Lecture #1: introduction to the bsm 600 january 18, 2017. Will be in groups for cases and will be graded. Need the textbook ( foundations of strategy )- will be in the midterm and final. Marks: participation & attendance, participation in groups, midterm, final. How someone plans to achieve their goal. It is what"s going to be the next step in achieving the goal. Strategy contributes a lot to business organizations, and to our own everyday lives. To identify a firm"s strategy, look at how they operate their business and the little ways they carry out their operations (ie. their annual reports, how they represents themselves, how media observes the firm). Strategy, internally, gets everyone lined up in the same direction. It organizes the organization towards a specific plan and therefore goal. Corporate social responsibility can partly explain whose interests should be prioritized in an organization. Strategies can fail because more is expected of them than they can deliver.