Ch. 2 Management Slides 29 to end

Front

What is the definition of "Competitive aggression"?

Back

Exploiting a distinctive competence or improving internal efficiency for competitive advantage.

Front

Which strategy involves taking independent action to improve relations with competitors?

Back

Competitive pacification

Front

What does "Public relations" aim to achieve?

Back

Establishing and maintaining favorable images in people’s minds.

Front

Which strategy involves making efforts to influence elected representatives? Options: Voluntary action, Legal action, Political action, Competitive aggression

Back

Political action

Front

What is the definition of "Contraction" in cooperative action strategies?

Back

Negotiating an agreement between the organization and another group to exchange goods, services, information, patents, and so on

Front

Which of the following is an example of "Cooptation"?
Starbucks and Keurig Green Mountain enter into a contract
Consumer and labor representatives are added to a large retailer’s board of directors
The Business Roundtable and the U.S. Chamber of Commerce lobby Congress
Two or more groups coalescing and acting jointly

Back

Consumer and labor representatives are added to a large retailer’s board of directors

Front

What does "Coalition" involve in the context of cooperative action strategies?

Back

Two or more groups coalescing and acting jointly with respect to some set of issues for some period of time

Front

What is the purpose of buffering in an organization?

Back

To create supplies of excess resources to meet unpredictable needs

Front

What does smoothing help organizations achieve? Options: Increase in profits, Leveling fluctuations occurring at the environmental boundaries, Expansion into new markets, Reduction in employee turnover

Back

Leveling fluctuations occurring at the environmental boundaries

Front

Which of the following is an example of smoothing? Hiring more staff, Car prices in winter (end of season), Launching a new product, Increasing advertising budget

Back

Car prices in winter (end of season)