Match the Following: -Strategy

question 46

Multiple Choice

Match the following:
-strategy

• A)size, technology, and environment
• B)competitors, regulators, legislators
• C)typical of small or new organizations
• D)interacts with its environment
• E)the two layers of the environment
• F)specialized, formalized, centralized
• G)abandon classical view of organization
• H)links task and social subsystems
• I)lacks centralization, but stable
• J)interpersonal relationships
• K)plans and actions to achieve goals
• L)everything outside an organization
• M)a popular trend to reduce staff
• N)start redesign from scratch
• O)used in sociotechnical systems approach
• P)several ways to achieve efficiency
• Q)temporary alliance to achieve a goal
• R)little formalization
• S)Combines two different designs
• T)the greatest influence on structure

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Definitions:

Industry Elastic

The responsiveness of the quantity demanded or supplied of goods or services in an industry to changes in price.

Differentiated Product

A product that is distinct from its competitors because of features, branding, quality, or other attributes that make it unique in the eyes of consumers.

Purely Competitive Industry

An industry structure characterized by many small firms producing identical products with no single firm able to influence market prices.

Nonprice Competition

Strategies companies use to attract customers that do not involve changing the price of goods or services, such as advertising and product differentiation.