Internal Scanning & Organizational Analysis Flashcards

1
Q

An organization’s assets.

A

Resources

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2
Q

Resources

A

Tangible Assets
Intangible Assets

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3
Q

refer to a corporation’s ability to exploit its resources.

A

Capabilities

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4
Q

is a cross functional integration and coordination of capabilities.

A

Competency

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5
Q

is a collection of competencies that crosses divisional boundaries, is widespread within the corporation and something that the corporation can do exceedingly well.

A

Core Competency

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6
Q

Is a company’s method for making money in the current business environment.

A

Business Model

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7
Q

A consulting model

A

Customer Solution Model

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8
Q

it close out any niches where a competitor might find a position.

A

Profit Pyramid Model

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9
Q

the product is thus a system with one component providing most of the profits.

A

Multi-component system/Installed Base Model

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10
Q

offers its product free in order to make money on advertising.

A

Advertising Model

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11
Q

a firm acts as an intermediary to connect multiple sellers to multiple buyers.

A

Switchboard Model

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12
Q

product research and development and speed are the keys to success in this model.

A

Time Product

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13
Q

In this model a company waits until a product becomes standardized and then enters the market with a low priced, low margin product that appeals to the mass market.

A

Efficiency Model

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14
Q

the focus is on high investment in a few products with high potential pay offs.

A

Blockbuster Model

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15
Q

it develops a concept that may or may not make money on its own but through synergy.

A

Profit Multiplier Model

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16
Q

a company offers specialized products / services to market niches that are too small to worthwhile to large competitors but have the potential to grow quickly.

A

Entrepreneurial Model

17
Q

a company offers products free or at a very low price in order to saturate the market & become the industry standard.

A

De Facto Industry Standard Model

18
Q

Basic Organizational Structure

A

Simple structure
Functional structure
Divisional structure
Strategic Business unit
Conglomerate structure

19
Q

appropriate for a small entrepreneur dominated company with one or two product lines.

A

Simple Structure

20
Q

appropriate for a medium - sized firm with several product lines in 1 industry.

A

Functional Structure

21
Q

is appropriate for a large corporation with many product lines in several related industries.

A

Divisional Structure

22
Q

are divisions or group of divisions composed of independent product market segments that are given primary responsibility & authority for the management of their own functional areas.

A

Strategic Business Unit

23
Q

is appropriate for a large corporation with many product lines in several unrelated industries.

A

Conglomerate Structure