Strategic Management Exam 3
Autonomous Strategic Behavior - ANS-bottom-up process in which product champions pursue
new thoughts, via a political process, via which they broaden and coordinate the
commercialization of a new suitable or carrier; understanding/useful resource based totally, so
tech competencies are basis for brand spanking new products/technique
BSC - ANS-verifies company has monetary and strategic controls; monetary, purchaser, internal
approaches, mastering and increase
Combination Structure - ANS-attracts characteristics/mechanisms from international geographic
vicinity and product divisional systems; transitional strategy
Competitive Form - ANS-unrelated diversification strat; complete independence among
competing divisions; do not proportion commonplace corp strengths; benefits- flexibility,
undertaking to status quo & inertia, motivates effort
Controls - ANS-Formal, facts-based totally processes utilized by managers to preserve or
regulate styles in organizational activities
Cooperative Form - ANS-used for related restricted strat; horizontal integration brings
interdivisional cooperation; expand economies of scope; divisional coop through strategic
planning, HR, & advertising
Corporate Entrepreneurship - ANS-use or application of entrepreneurship inside an established
company
Cross Functional Product Development Teams - ANS-integration of sports related to diff org
functions; quick entire new product improvement procedures
Determining Strategic Direction - ANS-developing a long term vision of the firm's strategic
rationale; 3-five yrs inside the future; core ideology and predicted destiny
Distributed Strategic Networks - ANS-organizational structure used to manage international
cooperative strategies
Entrepreneurial Mindset - ANS-autonomy, innovativeness, proactiveness, threat taking
Entrepreneurial Opportunities - ANS-Conditions in which new services or products can fulfill a
need inside the marketplace
Autonomous Strategic Behavior - ANS-bottom-up process in which product champions pursue
new thoughts, via a political process, via which they broaden and coordinate the
commercialization of a new suitable or carrier; understanding/useful resource based totally, so
tech competencies are basis for brand spanking new products/technique
BSC - ANS-verifies company has monetary and strategic controls; monetary, purchaser, internal
approaches, mastering and increase
Combination Structure - ANS-attracts characteristics/mechanisms from international geographic
vicinity and product divisional systems; transitional strategy
Competitive Form - ANS-unrelated diversification strat; complete independence among
competing divisions; do not proportion commonplace corp strengths; benefits- flexibility,
undertaking to status quo & inertia, motivates effort
Controls - ANS-Formal, facts-based totally processes utilized by managers to preserve or
regulate styles in organizational activities
Cooperative Form - ANS-used for related restricted strat; horizontal integration brings
interdivisional cooperation; expand economies of scope; divisional coop through strategic
planning, HR, & advertising
Corporate Entrepreneurship - ANS-use or application of entrepreneurship inside an established
company
Cross Functional Product Development Teams - ANS-integration of sports related to diff org
functions; quick entire new product improvement procedures
Determining Strategic Direction - ANS-developing a long term vision of the firm's strategic
rationale; 3-five yrs inside the future; core ideology and predicted destiny
Distributed Strategic Networks - ANS-organizational structure used to manage international
cooperative strategies
Entrepreneurial Mindset - ANS-autonomy, innovativeness, proactiveness, threat taking
Entrepreneurial Opportunities - ANS-Conditions in which new services or products can fulfill a
need inside the marketplace
