This class was created by Brainscape user Clini Le. Visit their profile to learn more about the creator.

Decks in this class (21)

1.1. Introduction to the economic activity
Economic goods 1,
Non economic goods 2,
Primary goods 3
14  cards
1.2. Organizations and economic specialization
What is an organisation 1,
Why does economic activity occur ...,
4 major types of organisation 3
24  cards
1.3. Stakeholders
Corporate sustainability 1,
Purpose of corporate sustainabili...,
Process of corporate sustainabili...
12  cards
1.4. Opportunism, fairness, and cooperation
What s a rational offer according...,
Economic theory vs reality 2,
2 ways to model behaviour 3
20  cards
1.5. Managerial decision making
Prospect theory 1,
Prospect theory and aspiration le...,
Propsect theory and incentives 3
19  cards
2.1. Governance and management
Corporate governance 1,
Financial economics 2,
Societal definition of corporate ...
23  cards
2.2. Failure of corporate governance
Book value 1,
Market value 2,
Market value vs book value 3
8  cards
2.3. Economic activities in organizations: Functions and business areas
2 systems of economic activities ...,
Functional area 2,
Business area 3
18  cards
4.1. Market structure
What is an industry 1,
Define porter s 5 forces analysis 2,
What are the 5 forces 3
14  cards
4.2. Delta airlines: The low cost carrier threat
Rivalry 1,
Threat of new entry 2,
Supplier power 3
6  cards
4.3. Competitive advantage
Define competitive advantage 1,
Define willingness to pay 2,
Define opportunity cost 3
34  cards
4.4. Apple and competitive advantage
Apple s unique resources in 1980s...,
Sculley cost strategy 2,
Pros and cons of sculley s strate...
13  cards
4.5. Economies of scale, fixed cost absorption and learning
Remark about firm s size 1,
4 types of corporate strategy 2,
3 modes to achieve corporate stra...
28  cards
4.6. Diversification
Define diversification 1,
Types of diversification 2,
Related diversification 3
21  cards
4.7. Vertical integration
Define vertical integration 1,
Forms of vertical integration 2,
What do transaction costs include 3
11  cards
4.8. Cost Structures, Break-Even Point Analysis
What calculations do we need to h...,
Basic thought process 2,
Note on labour costs 3
12  cards
4.9. Choice of growth mode
2 fundamental question existing f...,
Tests before entering a new market 2,
External solution growth 3
21  cards
4.10. Organisational culture
Define organisational culture 1,
Elements of organisational culture 2,
Espoused values 3
10  cards
4.11. Disney and Pixar
History of disney 1,
History of pixar 2,
Relationship between disney and p...
11  cards
4.12. Teams and Leadership
What are teams 1,
Types of teams 2,
Best tasks for teams 3
29  cards
Case Study: Alibaba as a conglomerate?
Why does alibaba look like a cong...,
Why is alibaba not a conglomerate 2,
Why so many unrelated businesses 3
3  cards

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Management

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