Be ready to explain current tendencies by which the largest organizations are becoming
larger to gain a competitive advantage. - Answer-To stop growing is to stagnate.
To be stable means that customers may not have their demands fully met or that competitors will increase market share at the ex...
NUR 443 Final Exam Questions and
Answers
Be ready to explain current tendencies by which the largest organizations are becoming
larger to gain a competitive advantage. - Answer-To stop growing is to stagnate.
To be stable means that customers may not have their demands fully met or that
competitors will increase market share at the expense of your company.
Firms must grow to stay economically healthy.
Understand the advantages and disadvantages of large organizations. - Answer-Pros:
Ecs. of scale, scope, Less vulnerable to economic downturns, Access to resources, Can
take greater risks.
Cons: Rigid to changes in the environment, Less adaptive to customer needs, Lower
innovation More specialized, less empowered jobs, less employee commitment
Be familiar with the four stages of organizational growth and maturity: - Answer-1.
Entrepreneurial stage→ the life cycle stage in which an organization is born and its
emphasis is on creating a product and surviving in the marketplace.(Self-control)
2. Collectivity stage→ the life cycle phase in which an organization has strong
leadership and begins to develop clear goals and direction. (Clan-control)
3.Formalization stage→ the life cycle stage that involves the installation and use of
rules, procedures, and control systems. *employees are empowered*
4. Elaboration stage→ a mature stage of the life cycle in which a red tape crisis is
resolved through the development of a new sense of teamwork and collaboration.
Crises for the 4 stages of growth and development - Answer-1. Entrepreneur: Crisis:
Need for leadership. As the organization starts to grow, the larger number of employees
causes problems
2. Collectivity: Crisis: Need for delegation. If the new management has been successful,
lower-level employees gradually find themselves restricted by the strong top down
leadership
3. Formalization: Too much red tape.
4. Elaboration: Crisis: Need for revitalization. After the organization reaches maturity, it
may enter periods of temporary decline.
○ bureaucratic control
1. Clan Control
2. Self Control - Answer-○ bureaucratic control→ is the use of rules, policies, hierarchy
of authority, written documentation, standardization, and other bureaucratic
mechanisms to standardize behavior and assess performance.
, ○ clan control→ is the use of social characteristics, such as shared values, commitment,
traditions, and beliefs, to control behavior.
self-control→is similar to clan control, but whereas clan control is a function of being
socialized into a group, self-control stems from individual values, goals, and standards.
Be ready to explain how the growth of an organizational size affects the organizational
structure. Does it need to be more or less complex? Does it need to be more
mechanistic or organic? Be ready to answer these questions and explain why. -
Answer-Start off Organic, move into mechanistic and taller hierarchies and centralized
Be ready to explain how Netflix is addressing the problems of complexity that emerge
with large organizational size. - Answer-● Netflix grows but puts more scrutiny under its
hiring process
Increase talent diversity faster than complexity grows so they can continue to run
informally in order to attract creativity and self discipline.
Know the various solutions to the problems of bureaucracy that emerge with large size.
Be ready to discuss characteristics of each of these structures and how they allow the
organization to prevent problems of red tape in organizations: - Answer-o Multi-
divisional form→ refers to an organizational structure by which the firm is ++separated
into several semi autonomous units which are guided and controlled by (financial)
targets from the center.
o Diversified conglomerate→ (breaking up comps into separate pieces under one
name) Conglomerate diversification is growth strategy that involves adding new
products or services that are significantly different from the organization's present
products or services.
o Incident command system→is a management system designed to enable effective
and efficient domestic incident management by integrating a combination of facilities,
equipment, personnel, procedures, and communications operating within a common
organizational structure.
o Holacracy→ is a method of decentralized management in which authority and
decision-making are distributed throughout a holarchy of self-organizing teams rather
than being vested in a management hierarchy.
1. economies of scale
2. Economies of scope - Answer-1. achieving lower costs through large volume
production; often made possible by global expansion.
2. achieving economies by having a presence in many product lines, technologies, or
geographic areas.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
