Question

In: Economics

Explain company analysis techniques that precede strategy selection to determine the appropriate organizational structure for its...

Explain company analysis techniques that precede strategy selection to determine the appropriate organizational structure for its strategic plans. Outline the key issues behind the selection of organizational structure. Explain various international structures and types of work teams. Companies rarely remain static and thrive; describe a scenario in which a company might need to modify its strategy and, by extension, its structure.

Solutions

Expert Solution

ANSWER:

  • Organization examination methods that go before methodology choice can be separated into a three-arrange process. Stage one and two include organization examination, and stage three includes the choice and plan of systems.

  • Stage 1 – Identify Company Mission and Goals
  • Define the Business
  • Define the Main Objectives
  • Stage 2 – Identify Core Competency and Value-Creating Activities
  • Analyze Firm's Unique Abilities
  • Analyze Firm's Primary Activities
  • Analyze Firm's Support Activities
  • Analyze National and International Business Environments

· Stage 3 – Formulate Strategies

  • Select Multinational or Global Strategy
  • Formulate Corporate-Level Strategy
  • Formulate Business-Level Strategies
  • Formulate Deparment-Level Strategies
  • The key issues behind the choice of an association structure are centralization versus decentralization. Centralization includes dynamic at a high authoritative level, for the most part in one area, for example, an organization's home office. Decentralization spreads choices to bring down authoritative levels, for example, to worldwide backups. In any case, organizations will once in a while pick one strategy for ALL dynamic. Or maybe, they will normally look for a methodology that outcomes in the best productivity and viability. They may unify dynamic in one market, while decentralizing it in others.

  • There are different global structures and kinds of work groups. The four most regular global structures are division structure, zone structure, item structure, and lattice structure. Universal division structure isolates local from global business exercises by making a different worldwide division with its own chief. Universal region structure composes an organization's whole worldwide activities into nations or geographic areas. Worldwide item structure isolates overall tasks as per an organization's item zones, and Global Matrix Structure parts the levels of leadership among item and region divisions. With an end goal to show up at arrangements and execute restorative activity, an organization will facilitate work groups.

  • There are a few unique sorts of work groups that globalization organizations have shaped to structure and actualize their methodologies. Self-guided groups, cross-utilitarian groups, and worldwide groups. Self-guided groups have representatives from a solitary division assume the obligations of their previous administrators. Cross-utilitarian groups are made out of representatives who work at comparable levels in various useful divisions, and worldwide groups contain top administrators from both central station and global backups who meet to create answers for broad issues.

  • On the off chance that an organization is occupied with universal business exercises, they can utilize either a worldwide or worldwide system to move toward the market. The worldwide organizations that decide to follow a global system will as a rule adjust their items and advertising in every national market to suit nearby inclinations. Frequently, they will work as a free organization in businesses where purchaser inclinations don't unite across national fringes. This is generally common with nourishment items and some print media. Be that as it may, this procedure can be increasingly costly as it will require separate advertising, innovative work, and assembling which will make them charge a more significant expense for their item to make a benefit.

  • The worldwide organizations that decide to follow a worldwide procedure are intending to offer similar items utilizing a similar advertising methodology in the entirety of their national markets. Their worldwide items can incorporate certain electronic segments, mechanical merchandise, for example, steel, and different customer products, for example, paper and composing instruments. These organizations can exploit scale by delivering stock, advertising, and innovative work in a chosen few areas which permits them to contain their expenses and stay serious. Notwithstanding, if a specific nations political or social environment change, the organization may need to make alterations to be fruitful in that showcase.

PLEASE UPVOTE.


Related Solutions

what is organizational development and what are some of its techniques
what is organizational development and what are some of its techniques
Explain what a functional organization is in relation to a horizontal organizational structure and provide its...
Explain what a functional organization is in relation to a horizontal organizational structure and provide its advantages and disadvantages. Explain what a divisional organization is in relation to horizontal structures and provide the advantages and disadvantages of using a divisional organization
Determine the Appropriate Analysis For each of the following scenarios, identify the appropriate analysis. 2. A...
Determine the Appropriate Analysis For each of the following scenarios, identify the appropriate analysis. 2. A guidance counselor at a high school wants to be best informed about the universities and colleges that students prefer most frequently. He glances at the institutions attended by last year’s graduates and notes that the three closet colleges appear to have about equal appeal. To test this assumption, he begins asking students who are planning on postsecondary schooling where they will apply. His data...
Describe HL7 and its organizational structure and charter.
Describe HL7 and its organizational structure and charter.
Organizational Structure and design. Explain The various types organizational structural options
Organizational Structure and design. Explain The various types organizational structural options
Describe for John Deere the extent to which their respective organizational culture, structure, and strategy are...
Describe for John Deere the extent to which their respective organizational culture, structure, and strategy are aligned to the external environment. (Need 1 page response)
Explain the factors that influence the organizational structure of MNCs.
Explain the factors that influence the organizational structure of MNCs.
Which organizational structure did Freshii? Explain what type of organizational structure Freshii uses. How does the...
Which organizational structure did Freshii? Explain what type of organizational structure Freshii uses. How does the organizational structure align with Freshii's values and culture? Explain. How can the company make sure that franchisees are properly adhering to the culture? Explain. Do you think this is the type of structure that you would like to work in? Describe why or why not.
Explain how to determine the optimal capital structure of a company.    
Explain how to determine the optimal capital structure of a company.    
can a company develop a strategy without SWOT analysis? explain
can a company develop a strategy without SWOT analysis? explain
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT