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Glossary Chapter 4
Glossary Chapter 4
Subject: Management
Chapter 4: Planning
desired future state, and identifying the optimal approach to achieve its goals. Hoạch
định
vision, core values, competitive landscape, and market trends. Hoạch định chiến
lược
7. Core values: Fundamental beliefs and principles that guide the behavior and
industry, including the existing competitors, their strengths and weaknesses, and the
9. Uncertainty: The lack of predictability or the presence of unknown factors that can
10. Risk management: The process of identifying potential risks, assessing their
likelihood and potential impact, and developing strategies and contingency plans to
events or circumstances that may disrupt or deviate from the original plans. Kế
hoạch dự phòng
12. Productivity: The measure of efficiency and output in relation to the resources
13. Innovation: The process of creating and implementing new ideas, products,
14. Corporate-level plan: The strategic plan developed by top management to guide
the overall direction and growth of the entire organization. Hoạch định cấp công ty
15. Business-level plan: The plan formulated by divisional managers to establish long-
term goals and strategies for a specific business unit or division within the
and strategies for specific functions or departments within the organization, aligning
17. Differentiation strategy: A business strategy that involves adding unique features
18. Cost leadership: A business strategy that focuses on reducing production costs and
offering products or services at a lower price than competitors. Chiến lược dẫn đầu
chi phí
19. Market segmentation: The process of dividing a broad market into distinct groups
trường
products or services in the market, target specific customer segments, and create
optimizing processes, reducing costs, ensuring quality, and enhancing supply chain
workforce with its objectives, including talent acquisition and retention, employee