by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY What is a Cooperative Strategy? A cooperative strategy (or cooperation strategy) concerns an attempt by an organization to cooperate with other firms in the achievement of its objectives. The cooperation may serve to reduce costs,...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY What is an Internationalization Strategy? An Internationalization strategy is when an organization seeks to expand to foreign markets. An internationalization strategy can be broken down into the following three strategies:...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY What is a Concentration Strategy? A concentration strategy is when a business focuses on a specific group of clients, a specific product, or a specific geographic market. As the name implies, the primary purpose is to allow the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is a Learning Organization? A learning organization is one whose design actively seeks to acquire knowledge and affect behavior as a result of the newly acquired knowledge. In learning organizations, experimenting, learning new...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What Is Organizational Culture? Organizational culture refers to a broad system of shared assumptions, values, and beliefs that manifest itself through individual behavior. Organizational culture affects many aspects of the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is a Social Network within an Organization? Social networks are visual maps of relationships between individuals. It can be a pattern of relationships between two or more actors. Generally, the actors share a common interest....
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] What are the Five Dimensions of Work Quality? There are five key dimensions of work quality : Activity – This concerns how active a person is in a network. Control – This concerns a persons influence over the flow of information – generally...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is the Nominal Group Technique? Nominal Group Technique is a decision-making rule or model that seeks to make certain all members of a group participate. It is primarily used to structure group meetings tasked with problem...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Conflict Management in Groups? There are three common views concerning the resolution of conflicts. These views apply equally to conflicts between individuals, between groups, and within groups. These theories are as...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Systems Thinking? Traditional thinking assumes that the parts of an organization are independent of the whole. Systems thinking recognizes that organizations are intricate systems of interconnected parts – each of...
