Professional Documents
Culture Documents
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Mission statement Definition: sets out what the organisation wants to
be. It should be the starting point for setting objectives and making
strategic decisions
Mission statement purpose: its purposes (why the organisation exists,
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for example, to meet a specified need)
Example: TED “Spread ideas “
corporate level, the business unit, or the brand level, to think in detail
Example: San Diego Zoo: To become a world leader at connecting people to
wildlife
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Employee empowerment:
is a strategy and philosophy that enables employees to make
decisions about their jobs, it helps employees own their work and take
responsibility for their results, it helps employees own their work and
take responsibility for their results
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economy mean that managers can no longer have the capacity to
issue command
4- The cost of maintaining hierarchies is increasing
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Question Three (25 Marks) (Expected time: 40-45 min)
A company is manufacturing product X and the selling price
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is $5,000, while the variable cost for each unit is $2000,
mean while the fixed cost of the operation will be $300,000.
Calculate the break-even in units (Write all formulas). Also,
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Effectiveness: is the extent to which an organization achieves its goals
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outputs.
An organization becomes more efficient as it produces more or better
outputs
for the same inputs
Understanding quality:
quality organizational culture, there will be a commitment to satisfying
the customer. The quality is defined as the extent to which the final
product sufficiently
meets the customer’s requirements
Ideally, an organization should also be working on supplying more than
the customer
wanted to insure repeated orders
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Internal quality: internal to the organization and should involve all staff
A quality culture will be energetic and focused on the customer
Explain the Ansoff Matrix with its four options (15 marks)
And explain "Push and Pull marketing strategies” (10
marks).
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Ansoff Matrix: It is a way of presenting the strategic options that are
open to an organization in relation to its products or services
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The four options are:
1- Market penetration: This option is to seek extra sales for the
product in the
present market
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2- Market development: the organization can seek to find new
markets for the current product
3- Product development: the organization may modify the product
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360-degree feedback: also known as the multi-rater and multisource
feedback method, feedback are gathered from a variety of people
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with whom the individual interacts (line manager - co-workers and
colleagues)
is $900, while the variable cost for each unit is $300, mean
while the fixed cost of the operation will be $120,000.
Calculate the break even in units (Write all formulas). Also,
define "Return on capital employed"
"HR policy concerns the flow of people into, through and out
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of an organization, what is included in these policies and
what do managers need to do in these choices? (15 marks)
Also, discuss “The four E’s” while evaluating performance
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(10 marks)
HR policies:
1. Planning for staffing needs
2. Selecting and recruiting the right people
3. Their induction into the organisation
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4. Internal staffing and promotion decisions
5. management of employees
6. exit from the organisation, whether voluntary or involuntary
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hours worked
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Question One (25 Marks) (Expected time: 40-45 min)
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A) Discuss the sources of competitive advantages. (10
marks)
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A) Define pricing strategies and discuss each of these
pricing policies. (15 marks)
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pricing strategies: have a powerful effect on an organization's financial
viability in the short term, but it is a key element for long-term and
need to be set at a level that provide profit
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Prices must be:
1- Provide the customer with value for money
2- Cover the cost
3- Be competitive
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pricing policies:
1- Penetration pricing: objective is for a new product with high
volume sales and low production cost, to expand in a new
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market
2- Marginal pricing: to boost the company’s volume and reduce
overall cost
3- Market-based: pricing the product can be priced as the customer
is willing to pay according to the market
4- Loss leading: price is below cost to attract initial customers
5- Skimming: charging high price for a short term
ﻣﺤﻤﺪ ﺍﻟﺮﻣﻀﺎﻥ- 65065026 ﺗﻮﺍﺻﻠﻮﺍ ﻣﻌﻨﺎ ﻭﺍﺗﺴﺎﺏ- ﻣﺘﻮﻓﺮ ﻣﻠﺨﺼﺎﺕ ﻭﻣﻠﻔﺎﺕ ﻣﻔﻴﺪﻩ ﻟﺠﻤﻴﻊ ﻣﻮﺍﺩ ﺍﻟﺠﺎﻣﻌﺔ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﻔﺘﻮﺣﺔ ﻣﺠﺎﻧﻴﺔ
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(10 marks)
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Question Three (25 Marks) (Expected time: 40-45 min)
Characteristics:
1- charisma: provides vision and sense of mission
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2- Inspiration: expresses important purposes in a simple way and
use symbols to focus efforts
3- Intellectual stimulation: promotes intelligence and problem
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solving
4- Individualized consideration: gives personal attention, coaches
and advises
B) Discuss the selection interview, performance appraisal and
mentoring. (15 marks)
selection interview: The aim of the selection interview is to
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ascertain whether the candidate is interested in the job and
competent to do it. to explain the work of the organization and to
set expectations on both sides
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regular reviews
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Economy: describes how cheaply the inputs can be purchased.
Economy is
important when managers are constrained by fixed budgets
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Ethics: is the extent to which the behavior of an organization and its
members are acceptable
quality:
quality organizational culture, there will be a commitment to satisfying
the customer. The quality is defined as the extent to which the final
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product sufficient meets the customer’s requirements
Ideally, an organization should also be working on supplying more than
the customer wanted to insure repeated orders
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B. There are many ways in which we can think about an organizational
performance and these vary according to those who concerns we are
considering. One way our view of performance is through the four Es.
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List and explain them. (16 marks)
goals
Efficiency: describes how well an organization transforms inputs
into outputs.
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organizational vision: is a framework that includes the guiding
philosophy, core values, beliefs and purposes from which the mission
statement is developed
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STEEP Model: It helps you construct a long-term forecast for your
unit, your organization, and for yourself
consumer
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contribution per unit = 500 – 200 = 300$
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B) Explain the different types of costs with examples. (12 marks)