Ch2 Strategy, Organizational Design And Effectiveness Flashcards

1
Q

Define mission

A

A mission is an officially stated goal which describes the organization’s vision, its shared values and beliefs, and its reason for being.

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2
Q

What are the two types of goals? describe them.

A

Officially stated goals which is essentially the mission And operative goals which is what the organization actually pursues

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3
Q

List some examples of operative goals

A
Overall performance (profitability)
Resources
Market (market share)
Employee development (Training, promotion, safety, and growth)
Innovation and change 
Productivity
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4
Q

Why shouldn’t organization state their goals?

A

Because goals provide legitimacy, guidance, motivation, and measures

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5
Q

List and describe porters competitive strategies

A

Differentiation: differentiation strategy is used to distinguish products or services from others in the industry
Low-cost leadership: low-cost leadership tries to increase market share by emphasizing low cost compared to competitors
Focus: the organization concentrates on a specific regional market or buyer group

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6
Q

Draw Porter’s competitive strategy matrix

A

X axis: competitive advantage
Y-axis: competitive scope
Low-cost leadership has low-cost and broad scope
Differentiation is unique and has broad scope
Focused low-cost leadership has a low-cost and narrow scope
Focus differentiation is unique and has narrow scope

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7
Q

Describe Miles and Snow’s strategy typology

A

Managers seek to formulate strategies will be congruent with the external environment. The four strategies that can be developed are the prospector, the defender, the analyzer, and the reactor.

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8
Q

Describe the prospecter strategy

A

The Prospecter strategy is to innovate, take risks, seek new opportunities, and grow.

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9
Q

Describe the defender strategy

A

The defender strategy is concerned with stability by holding on to current customers.

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10
Q

Describe the analyzer strategy

A

The analyzer strategy tries to maintain a stable business while innovating on the periphery.

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11
Q

Describe the reactor strategy

A

The reactor strategy involves responding to environmental threats and opportunities in an ad hoc fashion.

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12
Q

Define strategy

A

Strategy is an approach to business in the foreseeable future. It involves interacting with the competitive environment to achieve organizational goals.

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13
Q

contingency effectiveness approaches

A

Resource-based approach
internal process approach
goal approach

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14
Q

Describe the resource-based approach

A

Resource-based approach processes effectiveness by observing beginning the process of evaluating whether the organization effectively tends resources necessary for high-performance

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15
Q

Describe internal process approach

A

Internal process approach looks at internal activities and assesses effectiveness by indicators of internal health and deficiency.

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16
Q

Describe goal approach

A

The goal approach to organizational effectiveness is concerned with the output side and whether the organization achieves its goals in terms of desired levels of output.