This says that plans should extend far enough to meet those commitments made when the plans were developed.
What is COMMITMENT CONCEPT
100
What managers do to develop an organization’s strategies.
What is STRATEGIC MANAGEMENT
100
This refers to an individual’s capacity to influence decisions.
What is POWER
100
The line of authority extending from upper organizational levels to lower levels, which clarifies who reports to whom.
What is CHAIN OF COMMAND
100
The degree to which decision making takes place at upper levels of the organization.
What is CENTRALIZATION
200
Strategy utilized when a company competes by offering unique products that are widely valued by customers.
What is DIFFERENTIATION STRAGEGY
200
The major value-creating capabilities of the organization.
What is CORE COMPETENCIES
200
Process that involves making decisions about how specialized jobs should be, rules to guide employee behavior, and at what level decisions are to be made.
What is ORGANIZATION DESIGN
200
Type of organization that consists of a small core of full-time employees and outside specialists temporarily hired as needed to work on projects.
What is VIRTUAL ORGANIZATION
200
Type of planning in which managers develop goals to define the path the organization will take to get from where it is to where it wants to be.
What is FORMAL PLANNING
300
Positive trends in the external environment.
What is OPPORTUNITIES
300
Negative trends in the external environment.
What is THREATS
300
Structure that assigns specialists from different functional departments to work on projects led by a project manager.
What is MATRIX STRUCTURE
300
How jobs are grouped together.
What is DEPARTMENTALIZATION
300
A highly adaptive form of organization that is loose and flexible.
What is ORGANIC ORGANIZATION
400
Plans for how the organization will do what it’s in business to do, how it will compete successfully, and how it will attract and satisfy its customers in order to achieve its goals.
What is STRATEGIES
400
An organizational strategy that specifies what businesses a company is in or wants to be in and what it wants to do with those businesses.
What is CORPORATE STRATEGY
400
This entitles the manager to direct the work of an employee.
What is LINE AUTHORITY
400
A work arrangement in which employees work at home and are linked to the workplace by computer.
What is TELECOMMUTING
400
Strategy when an organization competes on the basis of having the lowest costs in its industry.
What is COST LEADERSHIP STRATEGY
500
The search for the best practices among competitors or noncompetitors that lead to their superior performance.
What is BENCHMARKING
500
A six-step process that encompasses strategy planning, implementation, and evaluation.
What is STRATEGIC MANAGEMENT PROCESS
500
An organization that has developed the capacity to continuously learn, adapt, and change.
What is LEARNING ORGANIZATION
500
How standardized an organization’s jobs are and the extent to which employee behavior is guided by rules and procedures.
What is FORMALIZATION
500
A process of setting mutually agreed-upon goals and using those goals to evaluation employee performance.