which of the following qualities of an organization adds to the value of its resources by making it inimitable
Which of the following qualities of an organization add to the value of its resources by making it inimitable?
Which of the following qualities of an organization adds to the value of its resources by making it inimitable? Socially complex resources, like culture, teamwork, trust, and reputation add value to an organization.
Which of the following focuses on the product choices and industry characteristics that affect an organization’s profitability?
Strategic management focuses on the product choices and industry characteristics that affect an organization’s profitability. The theories and concepts found in OB are drawn from two disciplines: human resources management and strategic management.
What reflects the perceived quality of a company’s goods and services?
What reflects the perceived quality of a company’s goods and services in the eyes of the public? An organization’s reputation reflects the prominence of its brand in the minds of the public and the perceived quality of its goods and services.
Which of the following is something a company could do to foster bonding and affective commitment?
Which of the following is something a company could do to foster bonding and affective commitment? Organizations can engage in specific practices that target the three forms of commitment. For example, organizations could foster affective commitment by increasing the bonds that link employees together.
What do organizational mechanisms include?
organisational mechanisms – organisation being defined as: group, association, company, cooperative, syndicate, league, institution, body, concern, etc. their aims and objectives. In other words, an organisation that carries out some kind of trade for a payment.
Which of the following takes the theories and principles studied in OB?
The correct answer is A) Human Resource Management
Explanation: Human resource management takes the theories and principles studies in…
Which of the following factors is a major predictor of job performance group of answer choices?
Which of the following factors is a major predictor of job performance? performing the duties in one’s job description.
Which element of organizational structure focuses on where decisions are made in the organization?
Centralization. Centralization is the degree to which decision-making authority is concentrated at higher levels in an organization.
What is the operational mechanism?
Operating Mechanism is a fancy term for processes (and the corresponding tools) used to run an organization. Examples of operating mechanisms are: The quarterly talent review process.
What is an operating mechanism?
Operating mechanism is the means by which the operator activates the opening, or release, of the movable hook component. It includes the operating handle, linkages/cables and hydrostatic interlock, if fitted.
How does organizational structure determine the decision making process?
Perhaps the most important contributor to the way decisions are made in a company is its organizational structure. The way relationships are defined between managers and individual contributors in turn defines the mode of communication, the types of conflicts that can arise, and the way teams can resolve them.
What are organizational elements?
The four common elements of an organization include common purpose, coordinated effort, division of labor, and hierarchy of authority.
What is division organizational structure?
A divisional organizational structure is a system in which a company segments its employees based on products or markets, as opposed to their job roles. Some companies have marketing, sales and communications departments, while a divisional organization has trams dedicated to a specific region or product.
What is organization decision-making?
Organizational decision making is the process by which one or more organizational units make a decision on behalf of the organization. The decision making unit can be as small as an individual, e.g., a manager, or as large as the entire organizational membership.
Who makes the decision in an organization?
The executive committee is often officially responsible for making a company’s big decisions while another, unofficial group, led by the CEO, seems to hold the real decision-making power.
How can organizations improve decision-making?
5 Ways to Improve Organizational Decision-Making
- Simplify and clarify decision rights across the organization. …
- Establish strong, transparent accountability for decisions. …
- Align individuals in decision-making groups to a common mission. …
- Encourage distributed authority. …
- Prioritize the customer voice in decisions.
What are organizational decision making models?
Decision making models are a structured way for organizations or individuals to make decisions. A decision-making model is a framework that identifies the benefits and drawbacks of different options in order to help determine the best choice.
What are the 4 types of decision-making?
Four decision-making styles (with examples)
- Directive. The directive decision-making style uses quick, decisive thinking to come to a solution. …
- Analytical. Analytical decision-makers carefully analyze data to come up with a solution. …
- Conceptual. …
- Behavioral.
What are the 3 types of decision-making?
Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.
What are the two types of organizational decisions?
Decisions can be classified into three categories based on the level at which they occur. Strategic decisions set the course of an organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions refer to decisions that employees make each day to make the organization run.
What are the 5 decision-making models?
Decision-Making Models
- Rational decision-making model.
- Bounded rationality decision-making model. And that sets us up to talk about the bounded rationality model. …
- Vroom-Yetton Decision-Making Model. There’s no one ideal process for making decisions. …
- Intuitive decision-making model.
What is group decision making in OB?
Group decision-making (also known as collaborative decision-making or collective decision-making) is a situation faced when individuals collectively make a choice from the alternatives before them. The decision is then no longer attributable to any single individual who is a member of the group.