IBUS-300 Study Guide - Final Guide: Organizational Culture, Heterarchy, Dominate
11 Dec 2018
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Document Summary
Strategic alliances are cooperative agreements between potential or actual competitors. *strategy is the action that managers take to attain the firm"s goal. Profitability is a ratio or rate of return concept. Profit growth is the percentage increase in net profits over time. Value creation is the performing activities that increase the value of goods or services to consumers. Operations are the various value creation activities a firm undertakes. Organization architecture is the totality of a firm"s organization, including formal organizational structure, control systems and incentives, organizational culture, processes, and people. Controls is the metric used to measure the performance of subunits and make judgments about how well managers are running those subunits. Incentives is the devices used to reward appropriate managerial behavior. Processes are the manner in which decisions are made and work is performed within any organization. Organizational culture are the values and norms shared among an organization"s employees.
