BASIC STRUCTURE Flashcards

1
Q

A structure for new
entrepreneurial firms in which the employees
tend to be generalists and jacks-of-all-trades.

A

Simple structure:

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2
Q

An organizational
structure in which employees tend to be
specialists in the business functions important to
that industry, such as manufacturing, sales, or
finance.

A

Functional structure:

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3
Q

An organizational
structure in which employees tend to be
functional specialists organized according to
product/market distinctions.

A

Divisional structure:

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4
Q

An assemblage of
legally independent firms (subsidiaries)
operating under one corporate umbrella but
controlled through the subsidiaries’ boards of
directors.

A

Conglomerate structure:

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5
Q

functional and product forms
are combined simultaneously at the same level
of the organization

A

Matrix Structure:

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6
Q

These
are initially used when a new product line is
being introduced.

A

Temporary cross-functional task forces:

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7
Q

If the
cross-functional task forces become more
permanent, the project manager becomes a
product or brand manager and a second phase
begins

A

Product/brand management:

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8
Q

The third and final phase of
matrix development involves a true dual
authority structure.

A

Mature matrix:

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9
Q

An organization (virtual
organization) that outsources most of its
business functions.

A

Network structure:

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10
Q

An organizational
structure that is composed of a series of project
groups or collaborations linked by changing
nonhierarchical, cobweb-like networks.

A

Virtual organization:

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11
Q

A
structure composed of cells (self-managing
teams, autonomous business units, etc.) that can
operate alone but can interact with other cells to
produce a more potent and competent business
mechanism.

A

Cellular/modular organization structure:

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12
Q

is the radical redesign of
business processes to achieve major gains in
cost, service, or time.

A

Reengineering:

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13
Q

A process by which
strategies and policies are put into action
through the development of programs, budgets,
and procedures.

A

Strategy implementation:

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14
Q

A statistically-based program
developed to identify and improve a poorly
performing process.

A

Six Sigma:

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15
Q

The process of Six Sigma encompasses five
steps.

A
  1. Define a process where results are poorer than
    average.
  2. Measure the process to determine the exact
    current performance.
  3. Analyze the information to pinpoint where
    things are going wrong.
  4. Improve the process and eliminate the error.
  5. Establish controls to prevent future defects
    from occurring.
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16
Q

The design of individual tasks in an
attempt to make them more relevant to the
company and more motivating to the employee.

A

Job design:

17
Q

Combining tasks to give a
worker more of the same type of duties to
perform

A

Job enlargement:

18
Q

Moving workers through several
jobs to increase variety.

A

Job rotation:

19
Q

Altering jobs by giving the
worker more autonomy and control over
activities.

A

Job enrichment:

20
Q

An approach to job
design that is based on the belief that tasks can
be described in terms of certain objective
characteristics and that those characteristics
affect employee motivation.

A

Job characteristics model:

21
Q

(MNC):

A

Multinational corporation

22
Q

A
company that has significant assets and activities
in multiple countries.

A

Multinational corporation (MNC):

23
Q

(each country’s industry is
essentially separate from the same industry in
other countries)

A

Multidomestic

24
Q

(each country is a part of one worldwide
industry).

25
According to Spulber in his book, Global Competitive Strategy, the forces pushing for standardization are:
Convergence in customer preferences and income across target countries. - Competition from successful global products. - Growing customer awareness of international brands. - Economies of scale. - Falling trading costs across countries. - Cultural exchange and business interactions among countries.
26
The forces pushing for customization to local markets are:
Persistent differences in customer preferences. - Persistent differences in customer incomes. - The need to build a local brand reputation. - Competition from successful, innovative domestic companies. - Variations in trading costs across countries. - Local regulatory requirements
27
These stages of international development are:
Stage 1 (Domestic company): Stage 2 (Domestic company with export division): Stage 3 (Primarily domestic company with international division): Stage 4 (Multinational corporation with multi domestic emphasis): Stage 5 (MNC with global emphasis):
28
What is the stages of international development is The primarily domestic company exports some of its products through local dealers and distributors in the foreign countries.
Stage 1 (Domestic company):
29
What is the stages of international development is : Success in Stage 1 leads the company to establish its own sales company with offices in other countries to eliminate the middlemen and to better control marketing.
Stage 2 (Domestic company with export division):
30
What is the stages of international development is Success in earlier stages leads the company to establish manufacturing facilities in addition to sales and service offices in key countries.
Stage 3 (Primarily domestic company with international division):
31
What is the stages of international development is Now a full-fledged MNC, the company increases its investments in other countries.
Stage 4 (Multinational corporation with multi domestic emphasis):
32
What is the stages of international development is The most successful MNCs move into a fifth stage in which they have worldwide human resources, R&D, and financing strategies.
Stage 5 (MNC with global emphasis):
33
A structure of a multinational corporation that enables the company to introduce and manage a similar line of products around the world.
Product-group structure:
34
A structure that allows a multinational corporation to tailor products to regional differences and to achieve regional coordination.
Geographic-area structure:
34