5 Written questions
5 Matching questions
- Goal conflict
- Information overload
- Unstructured decisions
- Product differentiation strategy
- Accounting information system (AIS)
- a a system that collects, records, stores, and processes data to produce information for decision makers.
- b are nonrecurring and non routine decisions.
- c occurs when a decision or action of a subsystem is inconsistent with the goals of another subsystem or the system as a whole.
- d entails adding features or services not provided by competitors to a product so you can charge customers a premium price.
- e the state of having more information than one can process
5 Multiple choice questions
- involves serving a subset of customers who differ from other other customers in terms of factors such as geographic location or size, which creates different requirements for serving those customers.
- All the stages in the production process from obtaining raw materials to selling to the consumer - from point of origin to point of consumption
- data converted into a meaningful and useful context
- involves producing or providing a subset of the industry's products or services.
- the condition that exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone
5 True/False questions
Needs-based strategic position → involves trying to serve most of all of the needs of a particular group of customers in a target market.
Primary activities → Supports primary activities
Management control → relates to the effective and efficient use of resources for accomplishing organizational objectives.
Strategic planning → The series of departments that carry out value-creating activities to design, produce, market, deliver, and support a firm's products.
Goal congruence → is achieved when a subsystem achieves its goal while contributing to the organization's overall goal.