OD Step 2-Strategy Flashcards

1
Q

Analyzer with Innovation

A

a strategy that is similar to a prospector but with more emphasis on exploitation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Analyzer without innovation

A

a strategy that is similar to a defender but with more emphasis on exploration

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Defender

A

a strategy that focuses on exploitation and innovation only in narrow, limited areas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Environment

A

the marketplace, the regulatory and legal situate, the opportunities and other aspects of the context in which the firm operates

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Exploration

A

search, variation, risk taking, and innovation by the firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Exploitation

A

refinement, efficiency, selection, and implementation by the firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Organization

A

a collection of people identified socially as a firm or one of its subunits; deliberately formed, goal-directed, bounded, and functions on a relatively continuous basis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Prospector

A

a strategy that takes an aggressive approach to innovation, systematically searching for new opportunities. It experiments regularly with change.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Reactor

A

a strategy that lacks an intentional strategy toward innovation. It makes adjustments when forced or when there is an urgent need or problem.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Strategy

A

the firm’s position on exploration and exploitation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Structure

A

the partition of tasks by work roles and the reporting relationships among the work roles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly