SGMM at Universität St. Gallen | Flashcards & Summaries

Lernmaterialien für SGMM an der Universität St. Gallen

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Integration of labor-division-based organizations
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Labor-division- based organizations also need to differentiate appropriate coordination mechanisms to INTEGRATE individual products and services into a meaningful whole.
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Strategy in literature 
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  • Chandler: strategy is the determination of the basic long-term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources necessary for carrying out those goals 
  • Mitzberg + Mat.: strategy is a pattern in a stream of decisions or actions 
  • Rumelt: how an organization moves foward
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TESTE DEIN WISSEN
When do decisions occur?
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They occur under uncertainty
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What is a PUBLIC ENTERPRISE?
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TESTE DEIN WISSEN
It is a public enterprise if the state is either the owner or the major shareholder. They must align themselves with 2 environmental spheres: politics and economy. Their value creation is state-regulated
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Forms of business associations
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1) Consortium
2) Cartel
3) Strategic Partnership
4) Joint-venture
5) Group
6) Fusion/Merger
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TESTE DEIN WISSEN
What is a group?
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A merger if at least two legally independent companies under a common management
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According to which criteria DIFFERENTIATION takes place?
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  • Resources: use of the same knowledge, materials, pre,owes, machinery 
  • Tasks: performing similar tasks, e.g. purchasing, advertising
  • Customer group: beneficiaries are the same person, “ one face to the customer “
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TESTE DEIN WISSEN
Definition of management
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TESTE DEIN WISSEN
Reflexive design praxis of  value-creation system
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TESTE DEIN WISSEN
What are the 3 distinctions of primary value creation?
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TESTE DEIN WISSEN
1) Some organizations align their primary value creation with markets
2) Some organization’s value creation aims to achieve a financially realizable increase in value for their owners
3) Some organizations are privately owned or publicly owned 
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TESTE DEIN WISSEN
What is an ENTERPRISE?
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TESTE DEIN WISSEN
These are organizations that align their value creation with markets and thus they have economy as their environmental sphere
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TESTE DEIN WISSEN
what is a system?
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TESTE DEIN WISSEN
Systems are an “ordered whole of elements, between which any relations exist or can be established”
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Definition SPECIALISTS
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TESTE DEIN WISSEN
They complete their tasks more efficiently and effectively then generalists.
however,...
  • they are perfecting their own field
  • they develop their own view of things
  • they develop their own language/rationality
  • they are always looking for new tasks for which they are specialized

they need a manager community that 
  • is responsible for the entire organization
  • uses specialists for organizational value creation
  • orchestrates communication  between specialists
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  • 13111 Karteikarten
  • 363 Studierende
  • 4 Lernmaterialien

Beispielhafte Karteikarten für deinen SGMM Kurs an der Universität St. Gallen - von Kommilitonen auf StudySmarter erstellt!

Q:
Integration of labor-division-based organizations
A:
Labor-division- based organizations also need to differentiate appropriate coordination mechanisms to INTEGRATE individual products and services into a meaningful whole.
Q:
Strategy in literature 
A:
  • Chandler: strategy is the determination of the basic long-term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources necessary for carrying out those goals 
  • Mitzberg + Mat.: strategy is a pattern in a stream of decisions or actions 
  • Rumelt: how an organization moves foward
Q:
When do decisions occur?
A:
They occur under uncertainty
Q:
What is a PUBLIC ENTERPRISE?
A:
It is a public enterprise if the state is either the owner or the major shareholder. They must align themselves with 2 environmental spheres: politics and economy. Their value creation is state-regulated
Q:
Forms of business associations
A:
1) Consortium
2) Cartel
3) Strategic Partnership
4) Joint-venture
5) Group
6) Fusion/Merger
Mehr Karteikarten anzeigen
Q:
What is a group?
A:

A merger if at least two legally independent companies under a common management
Q:
According to which criteria DIFFERENTIATION takes place?
A:
  • Resources: use of the same knowledge, materials, pre,owes, machinery 
  • Tasks: performing similar tasks, e.g. purchasing, advertising
  • Customer group: beneficiaries are the same person, “ one face to the customer “
Q:
Definition of management
A:
Reflexive design praxis of  value-creation system
Q:
What are the 3 distinctions of primary value creation?
A:
1) Some organizations align their primary value creation with markets
2) Some organization’s value creation aims to achieve a financially realizable increase in value for their owners
3) Some organizations are privately owned or publicly owned 
Q:
What is an ENTERPRISE?
A:
These are organizations that align their value creation with markets and thus they have economy as their environmental sphere
Q:
what is a system?
A:
Systems are an “ordered whole of elements, between which any relations exist or can be established”
Q:
Definition SPECIALISTS
A:
They complete their tasks more efficiently and effectively then generalists.
however,...
  • they are perfecting their own field
  • they develop their own view of things
  • they develop their own language/rationality
  • they are always looking for new tasks for which they are specialized

they need a manager community that 
  • is responsible for the entire organization
  • uses specialists for organizational value creation
  • orchestrates communication  between specialists
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