Podcast
Questions and Answers
What type of organizational structure is preferred for an innovation strategy?
What type of organizational structure is preferred for an innovation strategy?
- Mechanistic structure
- Organic structure (correct)
- Hybrid structure
- Flat structure
What is the primary goal of a cost leadership strategy?
What is the primary goal of a cost leadership strategy?
- To attract high-end clients
- To provide unique products
- To improve product quality
- To maximize productivity and offer competitive pricing (correct)
What determines the type of organizational structure to be used?
What determines the type of organizational structure to be used?
- Formal structure
- Organizational chart
- Strategy (correct)
- Leadership style
According to Lloyd Blankfein, what is more important for a leader?
According to Lloyd Blankfein, what is more important for a leader?
What does the phrase 'structure follows strategy' mean?
What does the phrase 'structure follows strategy' mean?
What is the main difference between an innovation strategy and a cost leadership strategy?
What is the main difference between an innovation strategy and a cost leadership strategy?
What is the role of leaders in determining organizational structure?
What is the role of leaders in determining organizational structure?
What type of organizational structure is preferred for a cost leadership strategy?
What type of organizational structure is preferred for a cost leadership strategy?
What is the primary focus of an innovation strategy?
What is the primary focus of an innovation strategy?
What is the relationship between the formal organizational structure and the everyday relationships in an organization?
What is the relationship between the formal organizational structure and the everyday relationships in an organization?
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