Chapter 8 Flashcards
the term for the processes and initiatives needed to support and direct the product/service transformation within the organization, the creation of the value proposition applicable to such products/services, and the distribution, marketing, sales, and service in support of these products/services
value chain
the formal framework around which tasks are organized and responsibilities allocated within an organization, evolves over time
structure
_________ organizational structure takes into consideration individuals with specific expertise may be needed on teams in other areas; Common in engineering, construction, and project-driven organization
matrix
What type of organization organizes itself around communication and technologies and capabilities rather than physical domain features?
virtual organization
Building blocks of structure (1): Refers to the alignment of the tasks required to support the design, development, marketing, distribution, and sale of an organization’s products/services in the most efficient and effective manner possible
work efficiencies
Building blocks of structure (2): Refers to the process of dividing the organization’s work units into defined functional areas (i.e. finance, engineering, manufacturing, and marketing)
degree of departmentalization
Building blocks of structure (3): The term for the interactions and connectivity that organizations seek to foster with their customers in order to meet their expectations for contact, service, and support
customer intimacy
defines how the individuals within the organization behave and how the organization as a whole will react to both internal and external challenges and stimuli
culture
outlines 5 key dimensions managers need to asses as they evaluate the impact of cultural interaction inside and outside of their organizations
- large vs small power distance
- individualist vs collectivist
- masculinity vs femininity
- strong uncertainty avoidance vs weak uncertainty avoidance
- short vs long term orientation
Hofstede’s cultural dimensions model
refers to the level and style of interaction that occurs among employees and between work units and their management teams
employee interaction
- _____ structure: owner makes all decisions
simple
- _____ structure: organizes around departments - marketing, HR, manufacturing, finance, etc
functional
- _____ structure: organizes around customers - individuals, businesses, institutions, charities
customer
- _____ structure: organizes around divisions - health and medical, small appliances, industrial products, customer credit
divisional
- _____ structure: organizes geographically - North America, Europe, Asia, Central America, South America
geographic
cultural framework: ________ refers to the degree of entrepreneurship that is embodied into the organization
risk allowance
cultural framework: ________ refers to the rigidity or flexibility associated with the application of, and adherence to, rules, policies, and procedures within the organization
control protocols
cultural framework: ________ refers to the extent to which the organization rewards and reinforces goal achievement, emphasizes competitiveness (internal and external), and defines its success on the basis of market superiority
competitive emphasis
refers to the extent to which the organization rewards and reinforces goal achievement, emphasizes competitiveness (internal and external), and defines its success on the basis of market superiority
managerial hierarchy
efers to the level of responsibility and decision-making authority that is actually transferred to each specific managerial position
decision-making control
refers to the number of subordinates a manager has reporting to him or her; can be narrow or wide
span of control
is the organization and allocation of the HR complement, and the development of the structure surrounding it, in a manager that produces the most effective and efficient business system
coordination of the work effort
refers to the specific tasks that need to be accomplished at the individual job level within the organization
nature of the work
addresses the need to change an organization’s business system or desired position in the marketplace, or to make fundamental changes to the way an organization does business, generally occurs when companies recognize a disconnection to their intended strategy as a result of disruptions that have occurred either internally or from the external marketplace
restructuring