Introduction BA (IMBIT-BWL) at Duale Hochschule Baden-Württemberg | Flashcards & Summaries

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TESTE DEIN WISSEN

Which factors influence an Organization's Mission?

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Cultural Context

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TESTE DEIN WISSEN

The basic levels of standards for quality of products / services are:

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TESTE DEIN WISSEN

international availability

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Name 3 methods of economic action (negotiation & calculation)

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1. with given INPUT achieve maximum OUTPUT

2. achive given OUTPUT with minimal INPUT

3. coordinate IN- & OUTPUT to optimize economic process

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How can profitability be described?

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TESTE DEIN WISSEN

Evaluating the efficacy (of alternatives) by measuring the earnings per effort or investment.

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Describe "organizational culture".

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TESTE DEIN WISSEN

The organizational culture is a set of attitudes, values and behavior wihch evolve over time. It facilitates integration & adjustments to the ext. environment.



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What is the difference of a Strategic and a Planning Process?

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TESTE DEIN WISSEN

The planning process has 3 Steps: analyze situation, formulate action plan, implement steps.


The strategic process adds a Step before and after the plan. proc.:

First of all define a vison, execute planning process and finally manage the process.


In that way the process has a clear idea from the beginning and gets altered when and where needed after its executed.

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TESTE DEIN WISSEN

Name 5 Stakeholders that can influence business.

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- Suppliers

- Customers

- Owners

- Activist Groups

- Government

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TESTE DEIN WISSEN

Describe frugal innovation

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TESTE DEIN WISSEN

Frugal innovation is a combination of acquiring / developing technologies and altering business models.

It's commited on serving unserved cutsomers and focuses on people (not just profit/salary)

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TESTE DEIN WISSEN

Explain what the terms science & art mean regarding to org. management

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TESTE DEIN WISSEN

Science:

using accepted term/numbers to describe a probleme


Art:

applying a solution to a problem in reality

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TESTE DEIN WISSEN

Name a few methods of how profitability can be increased in the "economies of scope"

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TESTE DEIN WISSEN

- change of demand-site

- cost savings (using by-products)

- synergies of producing/marketing for diff. products

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TESTE DEIN WISSEN

Name a few methods of how profitability can be increased in the "econmies of scale"

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TESTE DEIN WISSEN

- efficient change of supplier

- reducing unit costs by increasing amount produced

- increasing returns to scale

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TESTE DEIN WISSEN

Which factors determine transaction costs?

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TESTE DEIN WISSEN

Apart from the costs of buying & selling, other relevant determinants are human flaws (uncertainty of managers, oppurtunistic suppliers) and the market inefficiency (specificity & frequency of transaction)

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Q:

Which factors influence an Organization's Mission?

A:

Cultural Context

Q:

The basic levels of standards for quality of products / services are:

A:

international availability

Q:

Name 3 methods of economic action (negotiation & calculation)

A:

1. with given INPUT achieve maximum OUTPUT

2. achive given OUTPUT with minimal INPUT

3. coordinate IN- & OUTPUT to optimize economic process

Q:

How can profitability be described?

A:

Evaluating the efficacy (of alternatives) by measuring the earnings per effort or investment.

Q:

Describe "organizational culture".

A:

The organizational culture is a set of attitudes, values and behavior wihch evolve over time. It facilitates integration & adjustments to the ext. environment.



Mehr Karteikarten anzeigen
Q:

What is the difference of a Strategic and a Planning Process?

A:

The planning process has 3 Steps: analyze situation, formulate action plan, implement steps.


The strategic process adds a Step before and after the plan. proc.:

First of all define a vison, execute planning process and finally manage the process.


In that way the process has a clear idea from the beginning and gets altered when and where needed after its executed.

Q:

Name 5 Stakeholders that can influence business.

A:

- Suppliers

- Customers

- Owners

- Activist Groups

- Government

Q:

Describe frugal innovation

A:

Frugal innovation is a combination of acquiring / developing technologies and altering business models.

It's commited on serving unserved cutsomers and focuses on people (not just profit/salary)

Q:

Explain what the terms science & art mean regarding to org. management

A:

Science:

using accepted term/numbers to describe a probleme


Art:

applying a solution to a problem in reality

Q:

Name a few methods of how profitability can be increased in the "economies of scope"

A:

- change of demand-site

- cost savings (using by-products)

- synergies of producing/marketing for diff. products

Q:

Name a few methods of how profitability can be increased in the "econmies of scale"

A:

- efficient change of supplier

- reducing unit costs by increasing amount produced

- increasing returns to scale

Q:

Which factors determine transaction costs?

A:

Apart from the costs of buying & selling, other relevant determinants are human flaws (uncertainty of managers, oppurtunistic suppliers) and the market inefficiency (specificity & frequency of transaction)

Introduction BA (IMBIT-BWL)

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