match the terms with the appropriate definitions regarding organization structures

Group of answer choices

pyramid/hierarchy

[ Choose ] assign workers to more than one reporting line in an attempt to maximize the benefits of both functional and decentralized organizational forms each business unit represents an individual profit center that holds employees accountable for the unit's profitability consist of groups of peers who decide collectively, sometimes by casting votes, on the appropriate courses of action within the organization has a leader who is responsible for making all decisions that affect the organization

Committees/juries

[ Choose ] assign workers to more than one reporting line in an attempt to maximize the benefits of both functional and decentralized organizational forms each business unit represents an individual profit center that holds employees accountable for the unit's profitability consist of groups of peers who decide collectively, sometimes by casting votes, on the appropriate courses of action within the organization has a leader who is responsible for making all decisions that affect the organization

Matrix

[ Choose ] assign workers to more than one reporting line in an attempt to maximize the benefits of both functional and decentralized organizational forms each business unit represents an individual profit center that holds employees accountable for the unit's profitability consist of groups of peers who decide collectively, sometimes by casting votes, on the appropriate courses of action within the organization has a leader who is responsible for making all decisions that affect the organization

ecologies

[ Choose ] assign workers to more than one reporting line in an attempt to maximize the benefits of both functional and decentralized organizational forms each business unit represents an individual profit center that holds employees accountable for the unit's profitability consist of groups of peers who decide collectively, sometimes by casting votes, on the appropriate courses of action within the organization has a leader who is responsible for making all decisions that affect the organization

2

match the terms to the right definitions

Group of answer choices

low-cost strategies

[ Choose ] when companies sell a product or service at the lowest possible price point to stay competitive an alternative strategy to low cost in which companies fill a specific need that is not being filled or generate a brand image that increases their value-added proposition business's ability to communicate a specific image, generally one that will entice consumers or add value places a company or a person ahead of competing businesses

differentiation

[ Choose ] when companies sell a product or service at the lowest possible price point to stay competitive an alternative strategy to low cost in which companies fill a specific need that is not being filled or generate a brand image that increases their value-added proposition business's ability to communicate a specific image, generally one that will entice consumers or add value places a company or a person ahead of competing businesses

competitive advantage

[ Choose ] when companies sell a product or service at the lowest possible price point to stay competitive an alternative strategy to low cost in which companies fill a specific need that is not being filled or generate a brand image that increases their value-added proposition business's ability to communicate a specific image, generally one that will entice consumers or add value places a company or a person ahead of competing businesses

branding

[ Choose ] when companies sell a product or service at the lowest possible price point to stay competitive an alternative strategy to low cost in which companies fill a specific need that is not being filled or generate a brand image that increases their value-added proposition business's ability to communicate a specific image, generally one that will entice consumers or add value places a company or a person ahead of competing businesses

3

match the six critical factors of a PESTEL analysis to the right definitions

Group of answer choices

politics

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

economic

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

social

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

technology

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

environment

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

legal

[ Choose ] metrics which measure and assess the health of a given economic region or environment understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary costs available to optimize internal efficiency play a role in business, as there is a balance between free markets and systems of control assess the mentality of the individuals/consumers within a given market consumers and governments both penalize companies who have a large adverse affect on it

4

key performance indicator (KPI)

[ Choose ] sets a performance standard for an organization, a business unit, or an employee particularly useful due to their quantitative nature, which allows the measurement of outcomes and assessment of operations should be specific, measurable, achievable, realistic, and time-targeted (SMART) key component to effective goal setting

goal

[ Choose ] sets a performance standard for an organization, a business unit, or an employee particularly useful due to their quantitative nature, which allows the measurement of outcomes and assessment of operations should be specific, measurable, achievable, realistic, and time-targeted (SMART) key component to effective goal setting

motivation

[ Choose ] sets a performance standard for an organization, a business unit, or an employee particularly useful due to their quantitative nature, which allows the measurement of outcomes and assessment of operations should be specific, measurable, achievable, realistic, and time-targeted (SMART) key component to effective goal setting

performance targets

[ Choose ] sets a performance standard for an organization, a business unit, or an employee particularly useful due to their quantitative nature, which allows the measurement of outcomes and assessment of operations should be specific, measurable, achievable, realistic, and time-targeted (SMART) key component to effective goal setting

5