L0 - Introduction Flashcards

1
Q

Modern strategic management is not defined…

A
  • by a particular theory but by its focus on
  • Organizational performance and the role of managers shaping that performance.
  • Typical questions of strategic researchers:
    • What drives the performance of an organization?
    • Why do some organizations succeed while others fail?
    • What, if anything, can managers actually do about it?
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2
Q

What are the dimensions of strategic actions?

A
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3
Q

What are performance dimensions?

A
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4
Q

What is the theory of human decision?

A
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5
Q

How does the human mind absord and map reality?

A
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6
Q

What affects the individual?

A
  • Experience
  • Narcissism
  • Hubris
  • Greed
  • etc.
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7
Q

What is the social individual?

A
  • Individual within a social structure
  • Affected by
    • Social class
    • Identity
    • Social ties
    • Intergenerational orientation
    • Social capital
    • Social structure
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8
Q

What is identity and what does it affect?

A
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