Belangrijkste dingen leren voor Growth strategies

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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

bird in hand
affordable los
lemonade
crazy quilt
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

experience, learning and knowledge Signup and view all the answers

common ground helps with

the dilemma between providing structure and autonomy 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

the nexus of contracts 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)

developing a relationship based on traditional ethics 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

Complexity and ambiguity Signup and view all the answers

Self monitoring theory is

Someone adjust their behavior based on social cues 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?

How well does an organization align its resources and capabilities with external opportunities 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

Leveraging on technological similarities between industries to gain advantages and appealing new customers 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

Y = performance and X = diversification Signup and view all the answers