What is JIT system
A system that requires inputs and components needed for production to be delivered to the conversion process just as they are needed, neither earlier nor later, so that input inventories can be kept to a minimum.
What is technology
The combination of skills, knowledge, abilities, techniques, materials, machines, computers, tools, and other equipment that people use to convert or change raw materials into valuable goods and services.
What is computer-aided design
An advanced manufacturing technique that greatly simplifies the design process.
What four levels should an organization base its strategy on?
Functional
Business
Corporate
Global
What is the point of an organizational strategy?
To create value
What are core competences
The skills and the ability to create value that allow a company to achieve a competitive advantage
What is technical complexity
A measure of the extent to which a production process can be programmed so that it can be controlled and made predictable.
Who are fixed workers
Workers who perform standardized work procedures increase an organization’s control over the conversion process.
Define Vertical Integration
When an organization takes over a company in a different sector.
Define Related Diversification
When a business expands to a new similar domain
What is low-cost business level strategy
Companies produce low priced groups for a mass market
What is task interdependence
The manner in which different organizational tasks are related to one another.
What are the three types of technology linked to task interdependence
mediating, long-linked and intensive
What is the goal of business level strategy?
the goal is to take advantage of the organizational environment by using functional low-cost and differentiation competences
What is the goal of corporate-level strategy?
The goal is to use low-cost and differentiation competences to protect and enlarge its domain, or expand into new ones
What is technological imperative
The argument that technology determines structure.
What is mediating technology
Mediating technology is characterized by a work process in which input, conversion, and output activities can be performed independently of one another. Mediating technology is based on pooled task interdependence, which means that each part of the organization— whether a person, team, or department—contributes separately to the performance of the whole organization.
What are the three types of technology associated with technical complexity
Small batch and unit technology
large batch and mass production technology
continuous process technology
What is differentiation business-level strategy
Companies produce high priced products for a niche market
Define Unrelated Diversification
When an organization expands to an entirely new domain
What are the four types of technology associated with task analysability and variability
on- routine research, engineering production, craft work and routine manufacturing
What are the three levels of technology that exist in an organization? Please describe them
Individual - technology is personal skills, competencies, and knowledge that a person can possess
Functional - procedures and techniques that groups work on
Organizational - the way an organization converts inputs into outputs
What are task analyzability and variability
Task variability The number of exceptions new or unexpected situations that a person encounters while performing a task.
Task analyzability The degree to which search activity is needed to solve a problem.
The three main types of corporate-level strategy are
Vertical Integration
Related Diversification
Unrelated Diversification
What are the four strategies to manage global expansion
Multidomestic Strategy
International Strategy
A Global Strategy
Transnational Strategy