Demonstrate knowledge of the terms

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Question

Demonstrate knowledge of the terms of chapter 5 by matching the following terms with their meaning:

innovations in technology The prediction of future marker volumes for particular services, usually derived from historic use rates. regulatory environment Represents the collective effects of legislative issues on local, state, and federal levels on an organization's strategy competitive rivalry Represents the threat of substitute products, as new technologies often replace standard operations and services volume forecast A carefully designed plan to accomplish the desired outcomes baseline scenario Plans that answer the who, what,when, where, and how questions of strategy implementation Strategic direction The goal that he organization desires to accomplish within the planning time frame strategy A starting point for a forecast tactical plans Represents the power that local and other competitors may have on an organization's strategy

Reference no: EM133783869

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