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6 Cards in this Set
- Front
- Back
Cross Functional teams advantages |
1.synergies gained from wide range of collaboration. 2.better decision making 3.creation of a more involved work force. 4.facilitation of improved products and services. |
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Cross Functional teams disadvantages |
1.Waste of time and energy if memebers. 2. Enforce lower performance norms 3.create destructive conflict b/t team members. 4.make bad decisions |
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Maverick Spending |
Is the expense resulting from purchases that are breaking the rules established by corporate procedures, usually done by the user. |
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Maverik spending disadvatages |
1. Exposes the firm to greater risks. 2.loss of opportunity to control cost or levergae purchase volume. 3. Opens the door for duplicate/ repeat purchases |
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Centralized Advantages |
1. Leverage of purchase volumes 2.reduced duplication of purchasing 3.coordination of puchasing strategies 4 development of specialized expertise. |
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Decentralized Advantages |
1.Speed of responsiveness 2. Understanding unique operation requirments 3.new product development support 4.ownership of decisions affecting purchases |