CH 2 Flashcards
analyzer business strategy
exploiting new opportunities in early stages
Combo of prospector & defender
prospector business strategy
identify new opportunities quickly Speed.
defender business strategy
dominate a narrow market
Quality; price = consistency
organizational culture
set of core values and understandings
high-involvement managerial strategy
work can be intrinsically motivating if the organization is structured properly.
human relations managerial strategy
Assumes employees inherently dislike work but can be induced to work in order to satisfy their social needs.
Social Needs
classical managerial strategy
assumes most employees inherently dislike work but can be induced to work in order to satisfy their economic needs.
Money
contextual variables (stews)
Strategy Technology Environment Workforce Size
managerial strategies (3)
classical
human relations
high involvement.
job design
the total task of an organization is divided into separate jobs.
business strategy
An organization’s plan for how it will achieve its goals.
horizontal fit
Alignment of strategies at the same level.
vertical fit
Alignment of strategies at different levels.
what is fit?
It refers to the alignment of strategies at various levels in an organization.
vertical and horizontal
what are values? (pba)
Principles, beliefs and attitudes that drive behaviour.
