Competitive Business Strategies: Differentiation, Cost Leadership, and Organizational Models

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Sociology - Management

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charlotte1oxhi Created by 10 mon ago

Cards in this deck(100)
What is something an organization can do better than its competitors?
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What are the three forms of competitive strategy that serve as sources of a firm's competitive advantage?
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What strategy involves offering a product or service at a lower price than competitors?
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What strategy involves offering a product or service that is unique relative to competitor offerings?
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What strategy targets a market niche rather than engaging all possible customers?
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What is a temporary network of independent companies linked by information technology to share skills, costs, and access to markets?
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What are some organizational strategies contributing to the rise of virtual organizations?
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What term describes an economic model where assets or services are exchanged between private individuals, often through a platform?
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What is the practice of hiring other organizations to complete certain non-essential business operations?
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What occurs when business functions are moved to an external firm rather than keeping production in-house?
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What occurs when business functions are moved to an external firm, but reporting relationships are preserved?
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What types of jobs are at high risk of subcontracting or outsourcing?
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What are duties that must be completed on a regular basis, often with little variation?
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What type of work is accomplished through physical processes?
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What is the practice of sending business operations to a different country, possibly with the same or a different company?
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What are some reasons for offshoring business operations?
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What term describes the various steps of manufacturing and delivery of a product or service when those steps span multiple intermediate firms?
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What are entities that coordinate production and typically control intellectual property?
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What is the process of moving externalized organizational activities back in-house?
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What is the process of moving organizational activities located abroad back in-house?
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What is an economic system where assets or services are exchanged between private individuals, often through a facilitating platform?
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What is a system of shared meaning held by members that guides action and distinguishes the organization from others?
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What involves hierarchy and reporting relationships, explicit instructions, and extrinsic rewards?
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What is a coarse means of institutionalizing learning and guiding behavior, often serving as a form of social control?
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What term describes a culture that is intensely held and widely shared within an organization?
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What term describes a culture where opinions and beliefs vary widely, and it is not clearly articulated or consistently internalized?
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What are the different levels of cultural aggregation within organizations?
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What are macrocultures, and where are they typically found?
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Where are organizational cultures typically present?
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What are groups within an organization that have their own distinct cultures?
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What are small collectives that may exist within or outside of organizations?
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What are the primary characteristics of organizational culture?
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Are employees encouraged to experiment and embrace uncertainty in an organization?
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Are employees expected to exhibit precision and analytical approaches in their work?
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Does leadership focus on results rather than how results are achieved?
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Does management take into consideration how decisions impact employees?
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Are work activities organized around groups of employees rather than individuals?
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Are employees competitive or easygoing in their work environment?
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Do organization activities emphasize continuity over change?
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What approach to building involves continuous improvement and iteration?
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What are the institutional and individual practices involved in socialization?
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What are the types of institutional practices in socialization?
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What does it mean when new employees are identified and treated differently in an organization?
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What does it mean when role models or mentors train and encourage apprentices?
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What does it mean to strip away former individual qualities in an organization?
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What are the types of individual practices in socialization?
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What does it mean when new employees are put directly into a job without formal training?
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What does it mean when employees are left alone to figure things out in an organization?
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What does it mean to confirm newcomer's qualities in an organization?
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What term describes an organizational culture that is highly resistant to change?
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What is a form of control that guides action when uncertainty exists?
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What are the processes involved in creating and sustaining organizational culture?
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What are the varying academic views of organizational culture?
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What academic discipline focuses on contextual knowledge that may be applied in specific social contexts?
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What academic discipline views culture as a form of constraint, limiting individuals' actions?
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What academic discipline focuses on behavioral tendencies rooted in cultural traditions and social practices?
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What academic discipline focuses on a set of norms and values widely shared in an organization?
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What is the correlation between publicly espoused values and firm short or long-term performance in the S&P 500?
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What are the components of Schein's Model of organizational culture?
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What are the visible and feelable features of a setting that are often ambiguous and difficult to decipher?
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What are ideals, goals, aspirations, and rationalizations that may not necessarily be aligned with underlying behavior?
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What are BP's espoused beliefs and values?
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What are unconscious, taken-for-granted beliefs and values that determine behavior and perception?
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What are the barriers that poorly aligned cultural alignment may act as?
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What are the components of cultural alignment?
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What is a barrier to change in organizational culture?
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How can cultural reproduction minimize diversity in an organization?
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How can cultural differences derail attempts to combine organizations?
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What is the risk of cultural alignment if it is poorly aligned with people, tasks, strategy, and environments?
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What are the elements and features within an organization that assist with coordination, task completion, and competitive advantage?
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What pertains to external groups that are directly relevant to achieving an organization's goals?
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What are the sources of opportunity and uncertainty in the task environment?
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What includes broad factors that shape market features and result in uncertainty for organizations?
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What is notably inert and difficult to alter within an organization?
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When can an organization experience potentially rapid decline?
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What are tools for organizations to assess profitability, shaped by rivals, new entrants, buyers, substitutes, and suppliers?
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What are competitors that may undercut the firm, forcing it to lower prices?
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What describes the ease at which new rivals may enter a market?
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What factors influence the power of buyers in a market?
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What are the alternatives that exist to the focal firm's offerings?
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What factors influence the power of suppliers over a focal firm?
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What theory posits that organizations have a technical core that is key to its competitive advantage and should be protected?
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What are the essential tasks, offerings, and technology that make up an organization's technical core?
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What is the importance of a technical core to an organization?
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What disrupts the technical core of an organization?
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How can an organization protect its core functions?
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What theory posits that external actors controlling key resources may hold power over a resource-dependent exchange partner?
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What are the central points of the resource dependency theory?
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What does the resource dependence theory assert about an organization's behavior?
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What are the strategies to address dependence in an organization?
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What are buffering strategies in an organization?
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What are examples of buffering strategies?
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What does forecasting and stockpiling involve in an organization?
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What does leveling (aka smoothing) involve in an organization?
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What does bridging involve in an organization?
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What does adjusting scale involve in an organization?
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What are examples of bridging strategies?
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What does negotiating involve in an organization?
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What are examples of pooling resources in an organization?
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joint ventures - strategic alliances - associations/cartels
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