1
Q
What does benchmarking study?
A
It studies other businesses
2
Q
What does benchmarking aim to do?
A
It aims to innovate by adopting the same methods
3
Q
Why does benchmarking motivate?
A
Its encouraging to introduce an already successful process than to introduce something that is unknown.
4
Q
What is a downside to benchmarking?
A
It wont lead directly to new products
Business
flashcards
Decks in class (39)
# Cards
-
Mission statement, Corporate objectives and Functional5
-
Public sector and Private sector2
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Management styles5
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Tannenbaum and Schmidt Continuum7
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Blake Mouton Grid5
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Equations44
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Balanced Scorecard Model9
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Elkingtons triple bottom line model4
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Business and the political environment13
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Business and the economy10
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Inflation and Exchange Rates17
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Government policy and Economy29
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Marketing Strategies6
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Igor Ansoff's Strategies to Grow13
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Ansoff's Matrix10
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Positioning Strategy5
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Porters Generic Strategies19
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Porter's Strategic Matrix3
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Bowman's Strategic Clock10
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Economies of scale6
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Economies of Scope4
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Diseconomies of scale7
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Greiner's Growth Model10
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Synergy2
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Horizontal, vertical and conglomerate7
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Kaizen6
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Benchmarking4
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Bartlett and Ghoshal's International Business Strategies12
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Force Field Analysis5
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Mechanistic and organic structures9
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Kotter and Schlesinger's Four Reasons for Resistance5
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Kotter and Schlesinger's Six Ways of Overcoming Resistance to Change7
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Organisational Culture13
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Hofstede's dimensions of national culture9
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Critical Path Analysis Intro18
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Critical Path Analysis Deeper5
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Difficulties with implementing strategy7
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Strategic Drift3
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Divorce between Ownership and Control3
