Podcast
Questions and Answers
Match the following concepts with their descriptions:
Match the following concepts with their descriptions:
Coordination ability = Organization's ability to coordinate functional and organizational resources to create value Global expansion = Allows an organization to create value by transferring core competences abroad and gaining access to global skills and resources Four levels of strategy = Formulated at functional, business, corporate, and global levels to match the organization's strategy and structure Functional-level strategy = The strategic goal of each function to create a core competence for competitive advantage
Match the following strategies with their characteristics:
Match the following strategies with their characteristics:
Business-level strategy = Focuses on selecting the domain an organization will compete in and positioning the organization to manage its environments Strategies to lower costs or differentiate products = Focuses on low-cost or differentiation business-level strategies to compete with rivals Focus strategy = Specializing in one segment of a market and focusing all resources on that segment Functional-level strategy and structure = Dependent on the organization's structure and culture for development of functional abilities and core competences
Match the following structures with their associated business-level strategies:
Match the following structures with their associated business-level strategies:
Organic structure = Associated with differentiation strategy, permits decentralized, cross-functional team approach to decision-making Mechanistic structure = Associated with low-cost strategy, requires centralized decision-making for close control of functional activities Business-level strategy and structure = Dependent on the type of organizational structure needed for successful implementation of differentiation or low-cost strategies Functional-level strategy and culture = Result of culture that emerges in a function or department, difficult to imitate by competitors
Match the following statements with their correct concepts:
Match the following statements with their correct concepts:
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Match the following factors with their impact on an organization's choice of structure:
Match the following factors with their impact on an organization's choice of structure:
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Match the following business-level strategies with their suitable organizational structures:
Match the following business-level strategies with their suitable organizational structures:
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Match the following corporate-level strategies with their descriptions:
Match the following corporate-level strategies with their descriptions:
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Match the following global business strategies with their characteristics:
Match the following global business strategies with their characteristics:
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Match the following factors influencing global business management with their descriptions:
Match the following factors influencing global business management with their descriptions:
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Match the following terms with their definitions:
Match the following terms with their definitions:
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Match the following with their sources of competences:
Match the following with their sources of competences:
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Match the following with their examples:
Match the following with their examples:
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Match the following with their characteristics:
Match the following with their characteristics:
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Match the following with their role in gaining competitive advantage:
Match the following with their role in gaining competitive advantage:
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Match the following with their impact on organizational performance:
Match the following with their impact on organizational performance:
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Match the following strategies with their characteristics:
Match the following strategies with their characteristics:
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Match the following strategy implementations with their focus area:
Match the following strategy implementations with their focus area:
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Match the following strategy implementations with their weakness:
Match the following strategy implementations with their weakness:
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Match the following structures with their benefits:
Match the following structures with their benefits:
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