Match: A.cost-Based Strategy

question 109

Essay

Match:
a.cost-based strategy
b.focus strategy
c.general environment
d.industry environment
e.inside-out analysis
f.intangible resources
g.new benefit ideas
h.new market ideas
i.new technology ideas
-A plan of action that requires a firm to hold down its costs so that it can compete by charging lower prices and still make a profit

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Definitions:

Phantom Shares

A compensation mechanism where employees receive benefits linked to stock ownership without actually owning company shares, often tied to performance milestones.

Expectancy Theory

A psychological theory that suggests an individual's motivation is influenced by their expectation of achieving desirable outcomes as a result of their efforts.

Instrumentality

in the context of motivation, refers to the perceived likelihood that performance will be followed by a particular outcome.

Valence

The perceived value an individual places on the rewards of an outcome in decision making or motivation.