{"presentation":{"slides":[{"elements":[{"x":5.931198102016608,"y":0,"width":89.20521945432978,"height":99.53161592505856,"action":{"library":"H5P.Image 1.1","params":{"contentName":"Image","alt":"BUS433 Week 1 Summary","file":{"path":"images\/file-5ec19ff9a731b.jpg","mime":"image\/jpeg","copyright":{"license":"U"},"width":1280,"height":720}},"subContentId":"f2637744-33d9-462c-a7be-ed4f0c6b638a","metadata":{"contentType":"Image","license":"CC BY-NC","title":"Untitled Image","authors":[{"name":"bryna.cosgrove","role":"Author"}],"licenseVersion":"4.0"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""},{"x":20.697167755991288,"y":59.99999999999999,"width":40,"height":40,"action":{"library":"H5P.AdvancedText 1.1","params":{"text":"

Good luck and have fun!<\/span><\/strong><\/p>\n"},"subContentId":"a72675dd-d296-4fd6-a27b-b7c635d77149","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""}],"slideBackgroundSelector":{}},{"elements":[{"x":4.744958481613286,"y":11.7096018735363,"width":81.61328588374852,"height":20.60889929742389,"action":{"library":"H5P.AdvancedText 1.1","params":{"text":"

How would you define strategic management? Based on what you have learned, provide the best explanation you can.<\/span><\/strong><\/p>\n\n

Type your answer below.<\/span><\/p>\n"},"subContentId":"c19635d4-02bc-4e5a-b652-02660bc6763d","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""},{"x":4.747425860023725,"y":35.08501170960187,"width":80.4270462633452,"height":53.39578454332553,"action":{"library":"H5P.ExportableTextArea 1.3","params":{"exportNotSupported":"Export not supported on your device","exportComments":false,"index":0},"subContentId":"be895c13-75d9-4e05-9e86-a6329a57e605","metadata":{"contentType":"Exportable Text Area","license":"U","title":"Untitled Exportable Text Area"}},"alwaysDisplayComments":true,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":"

A process where companies define their goals and objectives, create plans, and determine ways to accomplish those goals at various levels within the organization<\/p>\n"}],"slideBackgroundSelector":{}},{"elements":[{"x":4.747425860023725,"y":4.674074941451991,"width":87.54448398576513,"height":79.15690866510539,"action":{"library":"H5P.DragText 1.10","params":{"taskDescription":"

Drag the words into the correct spaces to complete the formal definition of strategic management.<\/strong><\/p>\n","overallFeedback":[{"from":0,"to":100}],"checkAnswer":"Check","tryAgain":"Retry","showSolution":"Show solution","dropZoneIndex":"Drop Zone @index.","empty":"Drop Zone @index is empty.","contains":"Drop Zone @index contains draggable @draggable.","ariaDraggableIndex":"@index of @count draggables.","tipLabel":"Show tip","correctText":"Correct!","incorrectText":"Incorrect!","resetDropTitle":"Reset drop","resetDropDescription":"Are you sure you want to reset this drop zone?","grabbed":"Draggable is grabbed.","cancelledDragging":"Cancelled dragging.","correctAnswer":"Correct answer:","feedbackHeader":"Feedback","behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"instantFeedback":false},"scoreBarLabel":"You got :num out of :total points","textField":"Strategic management can be defined as...\n\n"A *process\\-Try Again!* through which firms define their *missions, visions, goals, and objectives\\-Try Again!*, as well as craft and execute *strategies\\-Try Again!* at various levels of the firms' hierarchies to create and sustain a *competitive advantage\\-Try Again!*"."},"subContentId":"cff5e1cf-e3a1-4890-b46b-4f9bef770d1b","metadata":{"contentType":"Drag Text","license":"U","title":"Strategic Management Definition"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""}],"slideBackgroundSelector":{}},{"elements":[{"x":9.515871886120998,"y":11.658384074941452,"width":66.19217081850535,"height":76.81498829039813,"action":{"library":"H5P.SingleChoiceSet 1.11","params":{"choices":[{"subContentId":"61ca2576-d318-4376-aafe-a09eb16ce255","question":"

Click on the correct answer. <\/strong><\/p>\n\n

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Strategies are formed....<\/strong><\/p>\n","answers":["

...at all levels of a company because all levels need to work towards the company objective.<\/p>\n","

...at the operations level of the company only because the day to day operations are the most important.<\/p>\n"]}],"overallFeedback":[{"from":0,"to":100}],"behaviour":{"autoContinue":true,"timeoutCorrect":2000,"timeoutWrong":3000,"soundEffectsEnabled":true,"enableRetry":true,"enableSolutionsButton":true,"passPercentage":100},"l10n":{"nextButtonLabel":"Next question","showSolutionButtonLabel":"Show solution","retryButtonLabel":"Retry","solutionViewTitle":"Solution list","correctText":"Correct!","incorrectText":"Incorrect!","muteButtonLabel":"Mute feedback sound","closeButtonLabel":"Close","slideOfTotal":"Slide :num of :total","scoreBarLabel":"You got :num out of :total points","solutionListQuestionNumber":"Question :num"}},"subContentId":"3e785ed0-6e86-4de8-913c-0f46527f78c2","metadata":{"contentType":"Single Choice Set","license":"U","title":"Strategy Formation"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""}],"slideBackgroundSelector":{}},{"elements":[{"x":14.254685646500592,"y":9.287189695550351,"width":70.93712930011863,"height":86.18266978922718,"action":{"library":"H5P.SingleChoiceSet 1.11","params":{"choices":[{"subContentId":"d8c9d12c-5b0e-4f34-bd86-c09cd595470a","question":"

The following list describes characteristics of which phase of the strategy development process:<\/strong><\/p>\n\n

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- evaluating firm resources and how best to allocate them to achieve a set of goals and objectives<\/p>\n\n

- assessing a firm's internal and external environment<\/p>\n\n

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Strategy Formation<\/p>\n","

Strategy Implementation<\/p>\n"]}],"overallFeedback":[{"from":0,"to":100}],"behaviour":{"autoContinue":true,"timeoutCorrect":2000,"timeoutWrong":3000,"soundEffectsEnabled":true,"enableRetry":true,"enableSolutionsButton":true,"passPercentage":100},"l10n":{"nextButtonLabel":"Next question","showSolutionButtonLabel":"Show solution","retryButtonLabel":"Retry","solutionViewTitle":"Solution list","correctText":"Correct!","incorrectText":"Incorrect!","muteButtonLabel":"Mute feedback sound","closeButtonLabel":"Close","slideOfTotal":"Slide :num of :total","scoreBarLabel":"You got :num out of :total points","solutionListQuestionNumber":"Question :num"}},"subContentId":"9025d67f-e88c-495b-a649-2415b775e603","metadata":{"contentType":"Single Choice Set","license":"U","title":"Strategy Formation"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""}],"slideBackgroundSelector":{}},{"elements":[{"x":13.058481613285883,"y":9.35304449648712,"width":75.68208778173191,"height":81.49882903981265,"action":{"library":"H5P.SingleChoiceSet 1.11","params":{"choices":[{"subContentId":"1f4799a3-2f3e-4609-a3c6-a6664172072d","question":"

The following list describes characteristics of which phase of the strategy development process:<\/strong><\/p>\n\n

- putting the strategy into action<\/p>\n\n

- designing organizational structure and systems to support strategic goals<\/p>\n\n

- setting budgets, recruiting and training policies<\/p>\n\n

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Strategy Implementation<\/p>\n","

Strategy Formation<\/p>\n"]}],"overallFeedback":[{"from":0,"to":100}],"behaviour":{"autoContinue":true,"timeoutCorrect":2000,"timeoutWrong":3000,"soundEffectsEnabled":true,"enableRetry":true,"enableSolutionsButton":true,"passPercentage":100},"l10n":{"nextButtonLabel":"Next question","showSolutionButtonLabel":"Show solution","retryButtonLabel":"Retry","solutionViewTitle":"Solution list","correctText":"Correct!","incorrectText":"Incorrect!","muteButtonLabel":"Mute feedback sound","closeButtonLabel":"Close","slideOfTotal":"Slide :num of :total","scoreBarLabel":"You got :num out of :total points","solutionListQuestionNumber":"Question :num"}},"subContentId":"ef74e965-5078-4a3e-a426-8147eb957f90","metadata":{"contentType":"Single Choice Set","license":"U","title":"Strategy Implementation"}},"alwaysDisplayComments":false,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":""}],"slideBackgroundSelector":{}},{"elements":[{"x":10.683570581257413,"y":14.032014051522248,"width":72.12336892052195,"height":65.10538641686183,"action":{"library":"H5P.ExportableTextArea 1.3","params":{"exportNotSupported":"Export not supported on your device","exportComments":false,"index":0,"label":"

What is a stakeholder? Based on what you learned in the lessons, provide the best explanation you can.<\/h3>\n"},"subContentId":"544f8b0a-f91d-4c5c-a3d8-cf474ad645f2","metadata":{"contentType":"Exportable Text Area","license":"U","title":"Untitled Exportable Text Area"}},"alwaysDisplayComments":true,"backgroundOpacity":0,"displayAsButton":false,"buttonSize":"big","goToSlideType":"specified","invisible":false,"solution":"
Any group or individual who can affect or is affected by the achievement of a firm\u2019s objectives.<\/p>\n"}],"slideBackgroundSelector":{}},{"elements":[{"x":14.234875444839858,"y":9.367681498829041,"width":60.26097271648873,"height":79.15690866510539,"action":{"library":"H5P.MultiChoice 1.16","params":{"media":{"disableImageZooming":false},"answers":[{"correct":true,"tipsAndFeedback":{"tip":"","chosenFeedback":"","notChosenFeedback":""},"text":"
Shareholder<\/div>\n"},{"correct":true,"tipsAndFeedback":{"tip":"","chosenFeedback":"","notChosenFeedback":""},"text":"
Customers<\/div>\n"},{"correct":true,"tipsAndFeedback":{"tip":"","chosenFeedback":"","notChosenFeedback":""},"text":"
Banks<\/div>\n"},{"correct":false,"tipsAndFeedback":{"tip":"","chosenFeedback":"","notChosenFeedback":""},"text":"
Competitors<\/div>\n"}],"overallFeedback":[{"from":0,"to":100}],"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"type":"auto","singlePoint":false,"randomAnswers":true,"showSolutionsRequiresInput":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false,"passPercentage":100,"showScorePoints":true},"UI":{"checkAnswerButton":"Check","showSolutionButton":"Show solution","tryAgainButton":"Retry","tipsLabel":"Show tip","scoreBarLabel":"You got :num out of :total points","tipAvailable":"Tip available","feedbackAvailable":"Feedback available","readFeedback":"Read feedback","wrongAnswer":"Wrong answer","correctAnswer":"Correct answer","shouldCheck":"Should have been checked","shouldNotCheck":"Should not have been checked","noInput":"Please answer before viewing the solution"},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"
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Competitors do not directly affect or are not directly affected by a company's ability to achieve its goals. In other words, competitors do not control resources that another company needs in order to succeed.<\/p>\n"}],"slideBackgroundSelector":{}},{"elements":[{"x":16.607354685646502,"y":9.367681498829041,"width":61.44721233689206,"height":67.44730679156909,"action":{"library":"H5P.ExportableTextArea 1.3","params":{"exportNotSupported":"Export not supported on your device","exportComments":false,"index":0,"label":"
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\n\t
Employees<\/li>\n\t
Managers<\/li>\n\t
Community or pressure groups (ie. environmental groups or employee unions)<\/li>\n\t
Government<\/li>\n<\/ul>\n"}],"slideBackgroundSelector":{}},{"elements":[{"x":5.931198102016608,"y":4.683840749414521,"width":88.73072360616845,"height":93.20843091334895,"action":{"library":"H5P.DragText 1.10","params":{"taskDescription":"
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