Exam 2 Flashcards
(29 cards)
zero based budget
allocates resources as if each budget was brand new
matrix structure is…
cross functional
strategic leader
someone who looks towards the future: sense of urgency and good teacher guardian of trade-offs understands the strategy and another one that isn’t
strategic alliance
when rival businesses come together
management by exception
differences between actual and desired performance
feedforward with planes
tires, brakes, wheels getting supplies etc before take off
porters competitive strategy
differentiation: broad market, unique product
cost leadership: broad market, low cost
focused differentiation: narrow market, unique product
focused cost leadership: narrow market, low cost
dunkin donuts placing stores in different areas
concentration
walmart
hub spoke system, concentration
zynga
free, accessible, social
THON question
leadership input and output
clan
social norm and clan control
objective planning hierarchy
communication, alignment, follow through
big 6 planning tools
- forecasting
- contingency
- scenario
- benchmarking
- participatory
- goal setting
4 step control process
- set performance objectives
- measure actual performance
- compare actual objectives
- take actions to control process
3 answers for shanghai
ridership, injury, operating cost
umbrella
strategic
getting bigger growth
- basic growth
- concentration
- diversification
- vertical integration
getting smaller/retrenchment
- restructure
- downsize
- bankruptcy
- liquidation
- divestiture
blockbuster
repositioned by DISH
swot
internal: strengths and weaknesses
external: opportunities and threats
rate impact and probability by high, medium and low
porters five forces
- industry competition
- entrants
- customers
- substitues
- suppliers
high market, low growth
cash cow
informal structure can…
distract from work
