Chap 2 Flashcards

1
Q

Types of organizational sturctures

A

traditional - i.e. CEO, supervisor, labor
project - can be temporary
team - usually one goal or purpose
virtual - ppl that do not live in one place

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2
Q

Culture

A

Set of major understandings and assumptions shared by a group

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3
Q

Competitive advantage

A
  • significant and long term benefit to a company over its competition
  • can result in higher quality products, better customer service, and lower
  • organizations often use their information systems to help gain a competitive advantage
  • Cheapest
  • Most expensive
  • Unique
  • Fastest delivery
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