Strategy Module SEM 310 || Questions and 100% Verified Answers.
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Strategy Module SEM 310
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Strategy Module SEM 310
strategy correct answers Deciding what organizations should do to achieve sustainable competitive advantages
Goals when decising a strategy correct answers - understandable and can be coordinated to complete
- not sticking too rigidly to a structure
Late 1800s to early 1900s - strategy corre...
Strategy Module SEM 310 || Questions and 100% Verified
Answers.
strategy correct answers Deciding what organizations should do to achieve sustainable
competitive advantages
Goals when decising a strategy correct answers - understandable and can be coordinated to
complete
- not sticking too rigidly to a structure
Late 1800s to early 1900s - strategy correct answers - companies getting bigger, struggling with
organization
theories: practicality, challenging achievements
- engineers wanting to make machines more effective
Fayol: keep machine running smoothly, see what admin needs to make organizations work well
- organization needs to be understood as a whole
- ignored psychology and sociology
5 tasks for a machine to work well (organization) correct answers 1. Planning
2. Forecasting needs
3. Assigning tasks and responsibilities
4. Coordinating organization activities
5. Control: make sure plans are followed
Taylor's scientific management correct answers - inefficient workers and managers: managers
should experiment with how everyone works best for max efficiency (shortcuts from 1 person
applied to others)
- inspired by Henry Ford's assembly line
Next era of organization correct answers - want worker investment by creating relationships
between workers and managers
- 2 types of systems; mechanic and organic
Mayo story correct answers Tried to clamp down on strikers and called them neurotic
- disoriented in his role (can't see group collaboration)
- reads his own mental disintegration into the world
- society = conspiracies against him
Goal: workers work well and accept their proper place in life, enthusiastically do their work
Mechanic organization theories correct answers Efficiency of the machine
Engineers
- centralized decisions
- define responsibilities
- formal rules to control (stable environment)
, Organic organization theories correct answers Turbulent environment
- distributed decisions
- fluid responsibilities
- more social forms of control
- aligning goals
Weber's theory of modern beaurocracy correct answers Organic
Structure: formally defined and interrelated roles and rules
Technocracy: roles as full-time jobs, allocated by qualifications (loyalty and good work are
rewarded)
Accountability: a central role for org. record-keeping (fair and justified decision-making)
- wanted objective decisions instead of case-by-case basis
- argued that beaurocracy is both efficient but human, helps realize human potential
configurational theories correct answers aim to identify the types of organizations we might see
to decide which of the 2 streams of thought they should use
- helps show that success comes from a distinct set of characteristics
- moving from 1 configuration to another is difficult
structural contingency theory correct answers - resists environmental pressures
Can consider:
- rate of technological changes
- number of conflicting demands
- power of stakeholders
- size of organization
- centralization of decision-making
population ecology correct answers organization as a kind of food chain where people fight for
demand, but there's a symbiotic relationship with suppliers
resource dependency correct answers organization shaped by power relations and powerful
stakeholders
institutional theory correct answers understanding the culture and shape of an organization
aspects of organizations correct answers - organizational culture
- organizational routines
- sense-making in organization
- power and politics in organization
- technologies in organization, etc.
2 elements of strategy correct answers - how to formulate and implement strategy
- how to use political skills to justify analysis
Porter's theory of organization correct answers strategy is about making your organization fit for
its purpose to outperform competitors
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