Preview

STR 581 Week 3 Quiz

Satisfactory Essays
Open Document
Open Document
428 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
STR 581 Week 3 Quiz
CLICK TO DOWNLOAD
STR 581 Week 3 Quiz
1. This type of organization or structure is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities.

2. One of the limitations of SWOT analysis is that it can do this to a single strength or element of strategy.

3. Twenty-first-century corporations reflect

4. The structure of a simple organization

5. One of the limitations of the SWOT analysis is that it can be

6. Once a hypothesis about competitive advantage has been developed by a firm through three circles analysis, it should be tested by

7. The first step of this type of analysis involves a firm determining what their customers value and why they value it. 8. This type of organizational structure combines the advantages of functional specialization with the advantages of product-project specialization.

9. This is an internal analysis technique wherein strategists examine customers’ needs, company offerings, and competitors’ offerings to more clearly articulate what their company’s competitive advantage is and how it differs from those of competitors.

10. This is a method of comparing the way a company performs a specific activity with a competitor, potential competitor, or company doing the same thing.

11. These are arrangements between two or more companies in which they both contribute capabilities, resources, or expertise to a joint undertaking, usually with an identity of its own, with each firm giving up overall control in return for the potential to participate in and benefit from the relationship.

12. This structure is one in which a set of relatively autonomous units are governed by a central corporate office but where each operation has its own functional specialists who provide products or services that are different from those of other operations.

13. This is an organization structure most notable for its lack of structure

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In this file of STR 581 Week 6 Discussion Questions you will find the next information:…

    • 703 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    BUSI690 Rothaermel Ex 3

    • 1270 Words
    • 4 Pages

    The relationship between an organization’s strategy and structure are extremely important because it “directly impacts a firm’s performance” (Rothaermel, 2013, p. 309). Also, as an organization grows, it should reevaluate the current strategy and structure to ensure that it remains the optimal choice for the organization (Rothaermel, 2013). The four types of organizational structures, listed in order of least to most complex according to Rothaermel (2013), are: (1) simple, (2) functional, (3) multidivisional, and (4) matrix.…

    • 1270 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Fin 571 Quiz Week 2

    • 393 Words
    • 2 Pages

    | a) management choosing a set of firms that are similar in size or sales, or who compete in the same market.…

    • 393 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    · Explain how organizational design (such as geographic, functional, customer-based, product, service, hybrid, matrix, marketing channels, and departmentalization) helps determine which structure best suits your selected organization’s needs.…

    • 133 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Itm/6015 Week 3 Quiz

    • 806 Words
    • 4 Pages

    3. All of the following led to an unprecedented level of IT investments in the 1990s…

    • 806 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    • Analyze the importance of competitive intelligence and analysis in the development of marketing strategy and tactics for the chosen organization.…

    • 1513 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Bshs441 Week 4 Quiz

    • 1140 Words
    • 5 Pages

    Please pick 3 of the provided topics, your choice, and define AND provide a solid real-life example for each topic. Each question is worth (1) point total. It will be scored ½ point for your definition and ½ point for your example. Please post all completed quizzes to your Individual newsgroup. DUE THURSDAY!!!…

    • 1140 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The purpose of the external analysis is to identify opportunities (O) and threats (T) in a firm external environment. Opportunities are external factors that a firm can take advantage of to accomplish its objectives. Threats are external factors that can limit a firm’s ability to achieve its objectives. Both opportunities and threats can be either industry or general forces.…

    • 1959 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    The highest functioning organizational structure integrates organizational goals, size, technology, and environment. When structure is not aligned with the needs and goals of the organization, poor performance of the organization can…

    • 1256 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Greggs Swot Analysis

    • 1461 Words
    • 6 Pages

    Organisational structure refers to the levels of management and division of responsibilities within a business, which could be presented in an organisational chart. For simpler businesses in which the owner employs only himself, there is no need for an organisational structure. However, if the business expands and employs other people, an organisational structure is needed. Any operating organization should have its own structure in order to operate efficiently. For an organization, the organizational structure is a hierarchy of people and its functions.…

    • 1461 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    1) Develop the necessary skills for the analysis of marketing opportunities, competition, and competitive advantage based on existing frameworks, theories, and empirical generalizations.…

    • 1964 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Ob= Organisationa; Behaviour

    • 2406 Words
    • 10 Pages

    Functional structure – under this kind of structure, the company is divided into different groups, who are then assigned different tasks – like the…

    • 2406 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Businesses create organisational structures to divide tasks between individual employees, groups or departments and locations. To…

    • 918 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Project Based Organizations

    • 2632 Words
    • 11 Pages

    A functional organization groups employees and activities by functions (e.g. marketing, engineering, finance). Each function is typically led by a function manager, who reports to the senior management of the company. A key advantage of functional organizations is that knowledge, skills and facilities for each functional area are consolidated. This promotes economies of scale. In addition employees develop in-depth functional skills. (Daft, 2007) This makes the functional organization well suited for mass production of consumer goods and other industries where specialization of functions and scale effects are key (Hobday, 2000). A main weakness of the functional organization is its rigid structure and low horizontal coordination (between functions). This makes it slower to respond to environmental changes and specific customers’ requirements. (Daft, 2007)…

    • 2632 Words
    • 11 Pages
    Good Essays
  • Better Essays

    "A general technique which can find suitable applications across diverse management functions and activities, but it is particularly appropriate to the early stages of strategic and marketing planning.…

    • 2177 Words
    • 9 Pages
    Better Essays