The various organizational routines and processes that determine how efficiently and effectively the organization transforms its inputs into outputs are called:

Related MCQs

• In contrast to the industrial organization model, in a resource-based model, which of the following factors would be considered a key to organizational success?
• The functional level strategy of marketing function is divided into various operating levels such as marketing research, sales promotion, etc. these types of strategies are called.
• ---------- can also be defined as “a general direction set for the company and its various components to achieve a desired state in the future.
• ------- can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives.
• ----------- is a participative, systematic approach to planning and implementing a constant organizational improvement process.
• The three main organizational levels are:
• The fundamental purpose for the existence of any organization is described by its
• ------------ strategy occupies the highest level of strategic decision making and covers actions dealing with the objective of the firm, acquisition and allocation of resources and coordination of strategies of various SBUs for optimal performance.
• “A possible and desirable future state of an organization” is called:
• It directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs.