Learning objective
Evaluate strategic performance, strategic planning, contingency planning and crisis management.
Read the explanation, check the common trap, then practise with flashcards and questions.
At a glance
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Flashcards
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Questions
Topic
Problems with strategy and why strategies fail
Subtopic
Strategy failure and planning
Study support
Understand this objective
Quick explanation
Evaluate strategic performance, strategic planning, contingency planning and crisis management
- This point belongs to Problems with strategy and why strategies fail, especially Strategy failure and planning.
- You need to be able to evaluate strategic performance, strategic planning, contingency planning and crisis management.
- The key ideas to know are contingency planning.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect Strategy failure and planning to exam-style questions, flashcards, and revision notes for Problems with strategy and why strategies fail.
Quick student answer
How do you evaluate strategic performance, strategic planning, contingency planning and crisis management in business?
Direct answer
For Business, this page helps you revise strategic performance, strategic planning, contingency planning and crisis management in Problems with strategy and why strategies fail. Focus on the key terms, the exam command, and a clear answer that matches the question. Key terms to check are Strategy failure and planning and contingency planning.
Key terms
- Strategy failure and planning: Strategy failure and planning is a Business concept used to analyse Evaluate strategic performance, strategic planning, contingency planning and crisis management.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
- contingency planning: contingency planning should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
- Strategy failure and planning decision: Strategy failure and planning decision affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
- Strategy failure and planning stakeholder impact: Strategy failure and planning stakeholder impact has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
Common trap
Strategy failure and planning common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Strategy failure and planning.
Related questions
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Question 1 of 4
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Flashcard prompts
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Revision notestopic notes
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