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Final

COMM 210 FINAL EXAM NOTES.doc

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Department
Commerce
Course
COMM 305
Professor
All Professors
Semester
Fall

Description
CHANDLERThelogicofmanagerialenterpriseStep1InvestmentsBuildlargerefficientproductioncapacitytoexploiteconomiesofscalebigproductiontogetsmallestcostperunitscopeefficientuseofcommonitemsCreateextensivemarketinganddistributionchannelsEstablishwellorganizedmanagementteamsStep2ImplementaStrategyofLeadershipContinuousresearchimprovementandinnovationSystematicallylowercostsandimprovequalityExpandmarketinganddistributiongeographicallyandmarketwiseCompeteaggressivelyandneverletupFirstmoversConfidentlyseizeopportunitiesthroughmajorcommitmentsFIRSTConstantlyimproveandaggressivelycompeteBESTManagelogicallyandsystematicallyBESTMaintainandnourishtheircompetitivecapabilitiesRIGHTOtherconceptsFunctionaldivisionsManagementhierarchyResearchanddevelopmentRelateddiversificationSeparationoftopvsmiddlemanagementStockmarketpressuresShorttermthinkingGREINEREvolution1CreativityRevolution1LeadershipProductMotivationalissuesDedicationLeadertomanageemployeesTargetmarketCapitalaccountingprocessesneededRevolution2AutonomyEvolution2DirectionLowerlevelhaveconstraintsandcannottakeFunctionalorganizationseparatemanufacturinginitiativefrommarketingTopleveldontwanttogiveuptheirAccountingforinventoryandpurchasingresponsibilitiesMotivationbymoneyMoralandmotivationdecreasesEvolution3DelegationRevolution3ControlResponsivenessdelegatetasksTopexecutivesfeellossofcontrolProfitcentersandbonusesEveryoneisdoingwhatheshewantsAcquireoutsideenterprisesLackofcommunicationRevolution4RedtapelackconfidenceEvolution4CoordinationformalsystemsGapsinlevelsEstablishnewformalproceduresOutgrowtheestablishednewproceduresbecauseEfficientallocationcompanyistoolargetoberunbyformalandrigidNolossofresponsesystemsRevolution5crisisEvolution5CollaborationPsychologicalsituationrestreflectrevitalizeFocusofteamactionHabitstructuredailyworkCommunicationisfrequentReflectivestructurepersonalreflectionGuidelinesformanagersofgrowingorganizationsKnowwhereyouareinthedevelopmentsequenceLeadersshouldbeabletoworkwiththeflowLeadersshouldnotavoidresolutionsTheyprovidepressureideasandawarenessthatinitiatechangeRecognizethelimitedrangeofsolutionsDifferentsituationsphasesrequiredifferentsolutionsSolvingcrisisandmovingtowardnextphaserequiresselfawarenessintopmanagementandinterpersonalskillstopersuadethatchangeisneededRealizethatsolutionsbreednewproblemsOrganizationsolutionscreatefutureproblemsBeingawareofthiscanhelpmanagersevaluateproblemswithhistoricalunderstandinginsteadofblamingcurrentdevelopmentCanalsohelppredictproblemsaheadoftimeandenforcecopingstrategies
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