Exam 2: Strategy, Organization Design, and Effectiveness

A ____ strategy can reduce rivalry with competitors and fight off the threat of substitute products because customers are loyal to the company's brand.

Growth and output volume are examples of overall performance goals.

The two value dimensions of the competing values model are:

Compare and contrast Porter's Competitive Strategies against Miles and Snow's Strategy Typology.

Government and nonprofit organizations such as social services agencies or labor unions do not have goals of profitability, but they do have goals that attempt to specify the delivery of services to clients or members within specific expense levels.

Briefly describe how to tell a bad strategy from a good one.

Explain strategic intent and the purpose of a mission in an organization.

According to Richard Rumelt, what are the three elements of a good strategy? Briefly describe each of these elements.

A(n) ____ is a desired state of affairs that the organization attempts to reach.

The reactor strategy is a strategy because it responds to environmental threats and opportunities in a strategic fashion.

You have just been hired by a large organization to serve as a first line supervisor, but because you are in an influential department, you have the opportunity to meet the top managers at a company party and to dialogue with the CEO on his responsibilities. Knowing the responsibilities and types of decisions made by top management as we studied them in organization theory, what would you discuss about the organization with the CEO?

Innovation and change goals are decreasingly important, even though they initially cause a large increase in profits.

____ means that all the organization's energies and resources are directed toward a focused, unifying, and compelling overall goal.

The slogan, "We're a no-frills business! When we save, you save!" exemplifies the strategy of:

List the five indicators tracked with the goal approach.

Which of the following is true regarding the goal approach?

Mission is the same thing as:

Explain the role of top management and why it is important.

When would you recommend that the resource-based approach be used to gauge organizational effectiveness?

A company's core competence is something the organization does especially well in comparison to its competitors.