Belangrijkste dingen leren voor Growth strategies
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Belangrijkste dingen leren voor Growth strategies

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Questions and Answers

Meta analysis

  • multiple study findings combined
  • assesses overal effect sizes
  • reduces biases

Critical foor BPs

mental perception and the willingness to change bps

5 principles of effectuation

  1. bird in hand
  2. affordable los
  3. lemonade
  4. crazy quilt
  5. pilot in the plane

3 types of interdependence

<ol> <li>pooled</li> <li>sequential</li> <li>reciprocal</li> </ol> Signup and view all the answers

important factors of internationzalization

<p>experience, learning and knowledge</p> Signup and view all the answers

common ground helps with

<p>the dilemma between providing structure and autonomy</p> Signup and view all the answers

key mechanisms for value capture

<ol> <li>Patents</li> <li>Secrecy</li> <li>Lead time</li> <li>Investments in complementary assets</li> </ol> Signup and view all the answers

factors that drive the selection of value capture

<ol> <li>Technology</li> <li>Industry</li> <li>Firm</li> <li>Institutional environment</li> </ol> Signup and view all the answers

the neo-classical view

<p>the nexus of contracts</p> Signup and view all the answers

3 types of stakeholder theories

<ol> <li>Descriptive: This theory focuses on describing how companies actually behave in relation to their stakeholders.</li> <li>Normative: This theory explores the moral and ethical reasons why companies should consider the interests of stakeholders beyond just the shareholders.</li> <li>Instrumental: This approach looks at the relationship between stakeholder management and the achievement of traditional corporate goals like profitability or stability.</li> </ol> Signup and view all the answers

2 alternatives proposed for developing a normative stakeholder

<ul> <li>invalidation: traditional profit</li> <li>Reconciliation: balancing between profit and the social environment</li> </ul> Signup and view all the answers

5 areas of inquiry

<ol> <li>Appraising the stimuli</li> <li>Generate response options</li> <li>Evaluating the options</li> <li>Implementation</li> <li>Consequences</li> </ol> Signup and view all the answers

how wil a company responds depends on:

<ol> <li>The problem (breadth and depth)</li> <li>The firm</li> <li>The relationship between the problem and the firm</li> <li>The consequences of the response</li> </ol> Signup and view all the answers

3 types of responses

<ol> <li>Equivocal</li> <li>Ambivalent</li> <li>Ambidextrous</li> </ol> Signup and view all the answers

Instrumental stakeholder theory (IST)

<p>developing a relationship based on traditional ethics</p> Signup and view all the answers

What forms of reciprocity are there?

<ol> <li>Distributive (Fair share)</li> <li>Procedural (Fair process)</li> <li>Interactional (Fair enough)</li> </ol> Signup and view all the answers

Why is a relationship with a stakeholder inimitable?

<ul> <li>Path depending</li> <li>Causal ambiguity</li> <li>Social complexity</li> </ul> Signup and view all the answers

What factors should be considered when evaluating the impact of self service and personal service channels on customer relationships?

<ul> <li>Customer characteristics</li> <li>Resources requirements of the task</li> <li>Unique capabilities of the service channel</li> </ul> Signup and view all the answers

The u shape is about

<p>Complexity and ambiguity</p> Signup and view all the answers

Self monitoring theory is

<p>Someone adjust their behavior based on social cues</p> Signup and view all the answers

What are the risks of diversification?

<ul> <li>Dilution of management focus</li> <li>Inefficiencies in unfamiliar industries</li> </ul> Signup and view all the answers

What is a strategic fit?

<p>How well does an organization align its resources and capabilities with external opportunities</p> Signup and view all the answers

Diversification passes three tests

<ol> <li>Market attractiveness test</li> <li>Cost of entry test</li> <li>Better off test</li> </ol> Signup and view all the answers

What are the modes of diversification?

<ol> <li>Acquisition</li> <li>Internal development</li> <li>Joint venture</li> </ol> Signup and view all the answers

Related diversification is

<p>Leveraging on technological similarities between industries to gain advantages and appealing new customers</p> Signup and view all the answers

Unrelated diversification is when there is

<ul> <li>No strategic fit</li> <li>No meaningful value chain relationships</li> <li>No unifying strategic theme.</li> </ul> Signup and view all the answers

Why would manufacturers expand their product portfolio with services? Or even offer their products as-a-service?

<ol> <li>To do cross-selling</li> <li>Foster product innovation</li> <li>To build customer relationships</li> </ol> Signup and view all the answers

Drivers of servitization

<ol> <li>financial</li> <li>marketing</li> <li>strategic</li> </ol> Signup and view all the answers

Strategic appeal of related diversification

<ul> <li>Strategic fits along value chain</li> <li>Cost reductions</li> <li>Spread investor risks over a broader base</li> </ul> Signup and view all the answers

What are the 2 types of stakeholder relationships?

<ul> <li>A CSRE (Communal Sharing Relational Ethics strategy ) strategy is characterized by an intention to rely on relational contracts, joint wealth creation, high levels of mutual trust and cooperation, and communal sharing of property.</li> <li>An ALRE strategy (Arm’s-Length Relational Ethics strategy) is defined as a shared intention to relate to a stakeholders group based on the norms of arm’s length relationships.</li> </ul> Signup and view all the answers

3 moderating factors for a better performance in planning

<ol> <li>development stage</li> <li>the form of business planning</li> <li>the cultural environment</li> </ol> Signup and view all the answers

X and Y as for models

<p>Y = performance and X = diversification</p> Signup and view all the answers

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