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BUSI 5301 Chapter 2
Strategy, Organizational Design, and Effectiveness
21
Business
Undergraduate 4
04/13/2017

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Term
analyzer
Definition
a business strategy that seeks to maintain a stable business while innovating on the periphery
Term
competing-values model
Definition
a perspective on organizational effectiveness that combines diverse indicators of performance that represent competing management values
Term
defender
Definition
a business strategy that seeks stability or even retrenchment rather than innovation or growth
Term
differentiation strategy
Definition
strategy organizations use to distinguish their products or services from others in the industry/sector
Term
focus strategy
Definition
a strategy in which an organization concentrates on a specific regional market or buyer group
Term
goal approach
Definition
an approach to organizational effectiveness that is concerned with output and whether the organization achieves its output goals
Term
human relations emphasis
Definition
emphasis on an aspect of the competing-values model that incorporates the values of an internal focus and a flexible structure
Term
internal-process approach
Definition
an approach that looks at internal activities and assesses effectiveness by indicators of internal health and efficiency
Term
internal-process emphasis
Definition
an aspect of the competing-values model that reflects the values of internal focus and structural control
Term
low-cost leadership strategy
Definition
a strategy that tries to increase market share by emphasizing low cost when compared with competitors' products
Term
mission
Definition
the organization's reason for its existence
Term
official goals
Definition
the formally stated definition of business scope and outcomes the organization is trying to achieve; another term for mission
Term
open-systems emphasis
Definition
an aspect of the competing-values model that reflects a combination of external focus and flexible structure
Term
operative goals
Definition
descriptions of the ends sought through the actual operating procedures of the organization; these explain what the organization is trying to accomplish
Term
organizational goals
Definition
a desired state of affairs that the organization attempts to reach
Term
prospector
Definition
a business strategy characterized by innovation, risk-taking, seeking out new opportunities, and growth
Term
rational-goal emphasis
Definition
an aspect of the competing-values model that reflects values of structural control and external focus
Term
reactor strategy
Definition
a business strategy in which environmental threats and opportunities are responded to in an ad hoc fashion
Term
resource-based approach
Definition
an organizational perspective that assesses effectiveness by observing how successfully the organization obtains, integrates, and manages valued resources
Term
strategy
Definition
the current set of plans, decisions and objectives that have been adopted to achieve the organization's goals
Term
structure
Definition
the formal reporting relationships, groupings, and systems of an organization
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