Additional questions Flashcards
1
Q
What is adhocracy?
A
An organisational or management style → that it is adaptive, creative, and with flexibly integrated behaviour it can easily adapt to change.
2
Q
- What is the Ansoff matrix?
- Explain using a diagram
A
- A planning model that helps a business determine its product and market strategy
3
Q
What is underwriting of shares?
A
A process by which investment bankers raise investment capital from investors on behalf of corporations and governments issuing equity or debt securities.
4
Q
What are the assumptions of Taylors managment approach?
A
- Identification of the single best way to perform a task
- Effective training and the performance of tasks
5
Q
What is Mintzberg’s co-ordinating mechanism, considering how the builiding blocks are intergrated into a cohesive unit.
A
6
Q
What is the internal process manaagment model?
A
A model looking at how things are done.
7
Q
Give six ways in which the analysis of big data can create value for business
A
- Transparency
- Performance improvement
- Market segmentation and customisation
- Design making
- Innovation
- Risk management
8
Q
- What is a resource audit?
- Give three things which will be looked at as part of resource audit.
A
- A tool for performing internal analysis
- Whether staff are correctly trained / whether the firm has strong relationships with bankers / whether the firm has the latest machinery
