MOM
What is a manager?
A person who coordinates and oversees the work of employees
(must mention oversees)
Who's the founder of Amazon?
Jeff Bazos
How many oceans are there?
Define (work) specialization?
Dividing work activities into separate job tasks
What company was the first case study about?
StockX
Define efficiency
Getting the most output from the least amount of input
(different wording is accepted)
What is the biggest bank in the Netherlands?
ING
Which planet is closest to the sun?
Mercury
What is an organic structure?
An organizational design that's highly adaptive and flexible
What online retailer did Walmart invest in?
Flipkart
What is the first step of decision-making?
Defining the problem
What was Apple's revenue in 2024?
(+- 50 Billion)
391.04 Billion
(Accepted: 341 - 441 Billion)
Which body part is responsible for balance?
The ear
What are the 4 factors that affect structure?
Size, Startegy, Technology, Environment
What was the central problem in the Walmart case study?
(Accepted answers include expansion, competiton, ethics/culture)
What football club was the focus of the second case study we discussed?
Manchester City
What company is the largest car manufacturer in the world (as of 2024)?
Toyota
What food never spoils?
What are the 3 traditional organizational design options?
simple, functional, divisional
Name one of the LOs from the StockX case study that was mentioned in the slides
How do organisations create value for different stakeholders?
Who are the different stakeholders?
How do pricing strategies signal value?
How do secondary markets influence a manufacturer’s control over pricing and positioning?
How consumer motivations affect managerial and marketing decisions?
What does VUCA stand for (hint: it was in Chapter 5 - Change)
Volatility, Uncertainty, Complexity, Ambiguity
When was OpenAI founded?
2015
What is the only bird that can fly backwards?
Hummingbird
Draw a matrix organization structure?
Class can judge
Who were your favorite discussion leaders?
Madison and Ksenia