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MBA 704 EXAM 2 CORE ADVANCED BUSINESS STRATEGY AND ANALYTICS CONCEPTS REVIEW 2026.pdf

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MBA 704 EXAM 2 CORE ADVANCED BUSINESS STRATEGY AND ANALYTICS CONCEPTS REVIEW

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MBA 704 EXAM 2 CORE ADVANCED BUSINESS
STRATEGY AND ANALYTICS CONCEPTS
REVIEW 2026

◉ Organizational Design.
Answer: Creating or reshaping of the organizations structure
Horizontal
Hollow
Modular
Network
Radical Redesign
Virtual Organization


◉ Horizontal Design.
Answer: Improves coordination and communication
Organized around workflow process not task
Flattened hierarchy and use of teams to manage everything
Teams performance rewarded
Customer satisfying as driver of performance
Supplier and customer contact max
Fully informed and training employees

,◉ Hollow Design.
Answer: Core competencies (product design and marketing) kept in
house
Entire non core process (manufacturing or customer service)
outsourced to vendors who do them cheaper and faster


◉ Modular Design.
Answer: Parts of produce or service outsources instead of entirety
process


◉ Network Design.
Answer: Horizontal, Hollow, and Modular
Alternatives to traditional hierarchy or functional designs
Boundaryless due to info tech and globalization


◉ Radical Redesign.
Answer: Greenfield: Clean slate
Rediscovery: Return to previous design
Network: Find where to add value, then hire a firm to do it


◉ Virtual Organization.

, Answer: A company outside a company created to respond to an
exceptional market opportunity that is often temporary
Key attributes:
Tech: Informational networks to increase connections
Opportunism: Less permanent, less formal partnerships
No borders: More cooperation among competitors and suppliers
Trust: More dependence on other companies
Excellence: Core competency from all leading to best overall
company


◉ Characteristics of Organizational Culture.
Answer: Behavioral regulatories
Norms
Dominant values
Philosophy
Rules
Organizational climate


◉ Behavioral Regulatories.
Answer: Common languages and rituals


◉ Norms.

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