Business Decusion Making an der Universität Magdeburg | Karteikarten & Zusammenfassungen

Lernmaterialien für Business Decusion Making an der Universität Magdeburg

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Who are inside stakeholders
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Executive officers Board of directors Stockholders Employees
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Customers Profiles
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1. Geographic 2. Demographic 3. Psychographic 4. Buyer behaviour
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The bottom-up approch can be used to estimate the market volume.
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FALSE!!! The top-down approach can be used.
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What das PESTEL stand for ?
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Political Economic Sociocultural Technological Ecological Legal
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What are organisational capabilities?
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- Skills that a company uses to transform inputs into outputs -The ability and ways of combining assets, people, and processes
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High Level Time Orientation (Hall)
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High Level: Just one Task at the time; focus on job; high importance of speed and punctuality (USA, GER)
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4 Factors for organisational structure
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- Specialisation - Formalisation -Centralization - Hierarchy
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The Differentiation strategy is based on?
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value drivers
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Name the Hofstede’s 5 cultural dimensions
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- Power distance (PDI) - Individualism vs. collectivism (IDV) - Masculinity vs. femininity (MAS) - Uncertainty avoidance (UAI) - Long-term orientation (LTO)
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External environment (Key)
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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.
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The Differentiation strategy is based on?
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Value drivers
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What are value drivers?
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Value drivers are anything that can be added to a product or service that will increase its value to consumers. These differentiate a product or service from those of a competitor and make them more appealing to consumers.
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Beispielhafte Karteikarten für deinen Business Decusion Making Kurs an der Universität Magdeburg - von Kommilitonen auf StudySmarter erstellt!

Q:
Who are inside stakeholders
A:
Executive officers Board of directors Stockholders Employees
Q:
Customers Profiles
A:
1. Geographic 2. Demographic 3. Psychographic 4. Buyer behaviour
Q:
The bottom-up approch can be used to estimate the market volume.
A:
FALSE!!! The top-down approach can be used.
Q:
What das PESTEL stand for ?
A:
Political Economic Sociocultural Technological Ecological Legal
Q:
What are organisational capabilities?
A:
- Skills that a company uses to transform inputs into outputs -The ability and ways of combining assets, people, and processes
Mehr Karteikarten anzeigen
Q:
High Level Time Orientation (Hall)
A:
High Level: Just one Task at the time; focus on job; high importance of speed and punctuality (USA, GER)
Q:
4 Factors for organisational structure
A:
- Specialisation - Formalisation -Centralization - Hierarchy
Q:
The Differentiation strategy is based on?
A:
value drivers
Q:
Name the Hofstede’s 5 cultural dimensions
A:
- Power distance (PDI) - Individualism vs. collectivism (IDV) - Masculinity vs. femininity (MAS) - Uncertainty avoidance (UAI) - Long-term orientation (LTO)
Q:
External environment (Key)
A:
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.
Q:
The Differentiation strategy is based on?
A:
Value drivers
Q:
What are value drivers?
A:
Value drivers are anything that can be added to a product or service that will increase its value to consumers. These differentiate a product or service from those of a competitor and make them more appealing to consumers.
Business Decusion Making

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