Business Decusion Making at Universität Magdeburg

Flashcards and summaries for Business Decusion Making at the Universität Magdeburg

Arrow Arrow

It’s completely free

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

Study with flashcards and summaries for the course Business Decusion Making at the Universität Magdeburg

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

Who are inside stakeholders

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

What das PESTEL stand for ?

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

The bottom-up approch can be used to estimate the market volume.

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

Customers Profiles

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

External environment (Key)

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

4 Factors for organisational structure

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

High Level Time Orientation (Hall)

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

High Level Time Orientation (Hall)

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

Name the Hofstede’s 5 cultural dimensions

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

Power Distance (Hofstede)

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

What is the value chain analysis from Porter and in how far can this tool be used to structure internal activities?

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

What are organisational capabilities?

Your peers in the course Business Decusion Making at the Universität Magdeburg create and share summaries, flashcards, study plans and other learning materials with the intelligent StudySmarter learning app.

Get started now!

Flashcard Flashcard

Exemplary flashcards for Business Decusion Making at the Universität Magdeburg on StudySmarter:

Business Decusion Making

Who are inside stakeholders
Executive officers Board of directors Stockholders Employees

Business Decusion Making

What das PESTEL stand for ?
Political Economic Sociocultural Technological Ecological Legal

Business Decusion Making

The bottom-up approch can be used to estimate the market volume.
FALSE!!! The top-down approach can be used.

Business Decusion Making

Customers Profiles
1. Geographic 2. Demographic 3. Psychographic 4. Buyer behaviour

Business Decusion Making

External environment (Key)
Each firm is embedded in a complex environment – comprising national factors, industry factors, and operating factors. Porter shows that average return rates differ significantly according to industry adherence; Porter’s Five Forces are a major means to explain varying degrees of industry attractiveness. The identification of competitors is a milestone in strategy development; however, this process is highly uncertain and risky.

Business Decusion Making

4 Factors for organisational structure
- Specialisation - Formalisation -Centralization - Hierarchy

Business Decusion Making

High Level Time Orientation (Hall)
High Level: Just one Task at the time; focus on job; high importance of speed and punctuality (USA, GER)

Business Decusion Making

High Level Time Orientation (Hall)
High Level: Just one Task at the time; focus on job; high importance of speed and punctuality (USA, GER)

Business Decusion Making

Name the Hofstede’s 5 cultural dimensions
- Power distance (PDI) - Individualism vs. collectivism (IDV) - Masculinity vs. femininity (MAS) - Uncertainty avoidance (UAI) - Long-term orientation (LTO)

Business Decusion Making

Power Distance (Hofstede)
The extent to which subordinate individuals accept inequality in respect to power, prestige and prosperity. High: Central organisation, Strong Hierarchies (Russia) Low: Loose Hierarchies, Superiors and subordinates are widely regarded as equal (Scandinavia)

Business Decusion Making

What is the value chain analysis from Porter and in how far can this tool be used to structure internal activities?
It can be used to determine the requires of internal supportive and primary tasks.

Business Decusion Making

What are organisational capabilities?
- Skills that a company uses to transform inputs into outputs -The ability and ways of combining assets, people, and processes

Sign up for free to see all flashcards and summaries for Business Decusion Making at the Universität Magdeburg

Singup Image Singup Image
Wave

Other courses from your degree program

For your degree program Business Decusion Making at the Universität Magdeburg there are already many courses on StudySmarter, waiting for you to join them. Get access to flashcards, summaries, and much more.

Back to Universität Magdeburg overview page

What is StudySmarter?

What is StudySmarter?

StudySmarter is an intelligent learning tool for students. With StudySmarter you can easily and efficiently create flashcards, summaries, mind maps, study plans and more. Create your own flashcards e.g. for Business Decusion Making at the Universität Magdeburg or access thousands of learning materials created by your fellow students. Whether at your own university or at other universities. Hundreds of thousands of students use StudySmarter to efficiently prepare for their exams. Available on the Web, Android & iOS. It’s completely free.

Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards
Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards