ORGANIZATION STRUCTURE CHAPTER OBJECTIVES After reading this chapter‚ students should be able to: 1. Identify the six key elements that define an organization’s structure. 2. Describe a simple structure. 3. Explain the characteristics of a bureaucracy. 4. Describe a matrix organization. 5. Explain the characteristics of a “virtual” organization. 6. Summarize why managers want to create boundaryless organizations. 7. List the factors that favor different organization structures. 8. Explain
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Capital Structure and Debt Structure* Joshua D. Rauh Kellogg School of Management and NBER Amir Sufi University of Chicago Booth School of Business and NBER February 2010 *We thank Doug Diamond‚ Anil Kashyap‚ Gordon Phillips‚ Michael Roberts‚ Toni Whited‚ Luigi Zingales‚ and seminar participants at Emory University‚ Georgetown University‚ Maastricht University‚ Rice University‚ Tilburg University‚ the University of California-Berkeley‚ the University of Chicago‚ the University of Colorado
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What is Strategy? - Michael Porter Author of the article‚ "What is strategy?" reasoning based on the assumption that a company if a company can have a strong position‚ and be able to combine different activities can create sustainable competitive advantage which can lead a firm towards profitability and sustain its position in the market. This article is important for this course because firm ability to make decisions on how‚ when and where to target a customer group‚ use recourses‚ set
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7 Summary Whirlpool Coporation’s Global Strategy Introduction case 1989 Ambitious global expansion emerged: • Objective: becoming the world market leader in home appliances. • Purchase of a majority stake in an appliance company owned by Philips. • Purchased a majority stake in an Indian firm. • Established four joint ventures in China. • Made new investments in its Latin America operations. 1990 Serious problems emerged in the international operations: • 1995 European profit fell
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“The Heart of your Strategy” article summary Grand Canyon University: MKT 450 ‘The Heart of your Strategy’ article deals with how an industry can increase its sales in market and get better revenue as compare to its competitive industries. In this article the customer loyalty factor has been considered as one of the strategy of business. Customer Loyalty deals with giving customers what they actually want in their product and how a company can fulfill the customers’ needs by giving them
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Minerals help regulate the body process and body structure. There are two types of minerals‚ major and minor‚ a major mineral is necessary for many processes in your body‚ especially fluid balance‚ maintenance of bones and teeth‚ muscle contractions and nervous system function. Calcium and potassium are just a couple of the minerals in this group which contributes to the body’s everyday functions. Calcium aids the body with bone mass and bone density that helps support body weight allowing us to
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Summary Whirlpool Coporation’s Global Strategy * Home Page» * Business & Economy Research Papers Summary Whirlpool Coporation’s Global Strategy 7 Summary Whirlpool Coporation’s Global Strategy Introduction case 1989 Ambitious global expansion emerged: • Objective: becoming the world market leader in home appliances. • Purchase of a majority stake in an appliance company owned by Philips. • Purchased a majority stake in an Indian firm. • Established four joint ventures in China
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Tipping point management Problem to focus on - demotivated employees - opposition from powerful vested interests Steps 1. Break through the cognitive hurdle- make key managers experience your organization’s problems 2. Sidestep the resource hurdle- concentrate the current resources on areas most needing change 3. Jump the motivational hurdle- DO NOT reform the entire organization INSTEAD- motivate key influencers- persuasive people with multiple connections 4. Knock over the political
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How does the media shape foreign policy decision-making? “For many journalists‚ policy-makers and scholars‚ there really is little doubt that media profoundly affect the foreign policy process" (Livingston‚ 1997) In discussing the role of the media in foreign policy decisions‚ one is on some level discussing the role of public opinion in foreign policy. The mass media are ‘the primary conduit between the public and the policy makers; policymakers follow media reports on public opinion‚ and the
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Negotiation Strategy Article Executive Summary Jeanpiero Gonzalez MGT/445 Organizational Negotiations Mrs. Mauri Hawkins July 11 of 2012 Summary The best alternative to a negotiated agreement is what every organization needs to fulfill their wants and needs. This is an advantage because they clench a clear target to which they can match any assigned agreement. The first article explains that the bargaining process and cultural awareness of a given country have a profound
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