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Exam (elaborations)

are 112 Questions and Correct Answers/ Latest Update / Already Graded

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are 112 Questions and Correct Answers/ Latest Update / Already Graded

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are 112 Questions and Correct Answers/
Latest Update / Already Graded
MECE

Ans: Mutually Exclusive Collectively Exhaustive (organizational
analysis)


mutually exclusive: is each issue a separate and distinct issue?


collectively exhaustive: does every aspect of the problem come
under one, and only one, of the issues?


why do we have organizations?

Ans: to organize and satisfy a goal


relationship between strategy and culture

Ans: things fail


steps in analysis process

Ans: 1. descriptive (MECE step to determine facts)
2. diagnostic (determines what facts in the descriptive step do
and do not relate to org goals)

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3. prescriptive (looks to change either the facts or change the
org goals to be aligned with the facts)
4. comment (analysis)


alexander the great

Ans: -personality driven; megalomainia
-split personality


genghis khan

Ans: -keep only best people, promote by ability & not by rank
-looked after their needs
-organize so that no one is in the dark
-mission driven organization


the wild west

Ans: -No history
-Success supplants survival as mission
-Opportunity driven organization
-like start-ups today


the circus

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Ans: -ringmaster sets pace
-everyone has different role
-audience plays part
-market driven organization


value proposition - internal and external

Ans: the full positioning of a brand - the full mix of benefits on
which it is positioned


customers
- the external value proposition
internal value proposition links strategy with operations


strategic planning

Ans: the process of developing and maintaining a strategic fit
between the organization's goals and capabilities and its
changing marketing opportunities


bounded rationality

Ans: Cognitive limitations that constrain one's ability to
interpret, process, and act on information.


All rights reserved © 2025/ 2026 |

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