Across
- 2. When an organization outsources parts of a product and then assembles the product in chunks, it has this type of organizational structure
- 5. This occurs when groups decide that “good enough” is satisfactory
- 8. The ability of an organization to produce goods or services more effectively than its competitors do
- 11. This type of forecasting involves making multiple plans for hypothetical scenarios, such as during the pandemic
- 12. A development tool that is used to motivate employees
- 14. Products in this category of the BCG matrix have low growth and low market share and should likely be terminated
- 15. This type of corporate strategy involves cutting back on the organization’s efforts, such as downsizing or reducing store hours
Down
- 1. This type of bias occurs when people are influenced by the way a situation or problem is presented to them (e.g., whether it is presented positively or negatively)
- 3. A formal statement that answers “what do we want to become”?
- 4. According to Porter’s 4 competitive strategies, Target has a _____________ strategy as they appeal to a wide market and offer a superior and unique value than some of their competitors, such as Wal-Mart
- 6. People with analytical and conceptual decision-making styles have a high tolerance for _____________________
- 7. A level of strategic planning that is conducted by middle management
- 9. A type of plan that turns strategic plans into actionable short-term goals
- 10. An organization has this type of culture when it focuses on efficiency, structure, and effectiveness
- 13. In a SWOT analysis, opportunities and threats capture the _______________ environment