TRENDS MIDTERM EXAM

94問 • 1年前

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observable changes in the pattern of behavior. lasts for a long period of time. record from the past and might continue in the present

trend

lasts for a short period of time. temporary or short-lived pattern of group behavior

fad

approach studying the future. person who studies and predicts the future

futurist

person who starts a trend

trendsetter

hunt for thosr things that will become popular

cool-hunting

is the study of trends & the way they developed and affect society

trendspotting

characteristics of a trendspotter according to

rehn & lindkvist (2013)

know hoe to unlearn things

adopt a beginner's mind

ascertain reasons why you are looking for trends

know why & what you are looking for

explore areas where modt do not go to or even notice

move & search in many places

do not join the bandwagon of the obvious

beware of the obvious

set aside your biases & be objective in looking for trends

never judge something as good or bad

study how trends gain momentum

be sensitive in looking for signals

observe for changes in how things are done

look for shifts rather than novelties

do not think of trends as singular evolution or development

spot for combination of things

seek logical explanations & causes for everything

find the reason for something

a trend may be started by an individual which can grow inyo a community...

number of participants

a trend is formed from repetitive actions of people

pattern of behavior

a trend has a long time frame

long period of time

a trend has a starting point, which can be an idea, technology, event or person

cause

a trend makes considerate influence or impact

consequence

refers to the little things that happen all around us all the time. tiny shifts

microtrends

aggregated microtrends or more sweeping changes that are affecting society

macrotrends

macrotrends that have grown up and moved out

megatrends

trends that are so general that affects most areas of human life

gigatrends

a design, shape, form, or configuration that emerges from repetitious appearance of lines, curves, and behavior

pattern

this means being able to record your observations which you consider related to any trend

documentation

this means being able to easly retrieve any documentation you have kept

archive/memory

this is the stage where examination and combination happens

analysis

this is representing your findings for easy understanding as a way of analysis

presentation

a particular type of relation that links certain sets of people...

network

interconnected processes internal to the individual's mind

local network

is the process of examining, using one's rationality

strategic analysis

is sensing or knowing without rational process

intuitive thinking

refers to the organization's main task

mission

refers to what the organization foresees itself to be

vision

enables the executive to not only focus on the current situation but also to look at the future

ability to anticipate

involves raising questions instead of merely accepting information as it comes

ability to challenge

shown by testing a variety of hypothesis

ability to interpret

enables the executive to make a stand with courage and conviction

ability to decide

enables executive to have different divergent viewpoints

ability to align

demonstrated by an executive who accepts feedback

ability to learn

this covers the questions who or what the organization is - phase 1

identity of the organization

"how will the organizatio get to where it wants to go?" - phase 2

action plan or strategy

"how well the organization knows its performance?" - phase 3

how the organization manages its actions

something that is known or understand without proof or evidence

intuition

they pay attention to intuition and allow it to guide them

listening to an inner voice

spending time in solitude and engaging in deeper thoughts

taking time to be alone and to reflect

tuning in to their bodies for gut feeling and physical sensation

listening to their bodies

taking note of occurence of odd things and keep an eye on the frequency of coincidences

observing everything

getting in touch with "unconscious thinking process"

paying attention to their dreams

can read a person's mind through words, feelings, and actions

connecting deeply with others & staying in a positive mood

applied particularly in phase 1 where situational scanning is undertaken

swot analysis

these are internal attributes of the organization that can contribute to the attainment "what is our competitive advantage?" "what resources do we have?" "what products are performing well?"

strengths

internal factors that can obstruct the attainment "where can we improve?" "what products are underperforming?" "where are we lacking resources?"

weaknesses

external factors that can contribute to the attainment "whhat new technology can we use?" "can we expand our operations?"

opportunities

external factors that can obstruct to the attainment "what regulations are changing?" "how are consumer trends changing?"

threats

phase 1. "who are we and where are we now?" "where do we want to be?"

identity

phase 2. "how will we get there?"

action plan

phase 3. "how will we know how we are doing?"

measurement

surveys the bigger environment where the organization operates

pest analysis

include the rules, regulations, laws, and policies imposed by a government

political factors

this covers the purchasing power, capital outlay, interest rates, tariff rates, inflation, etc.

economic factors

include people's preferences, needs, demographics, and attitudes toward using a product or service

sociocultural factors

this covers those related to technological innovation

technological factors

promotes the idea that an organization exists to produce value to its clients

value chain analysis

getting the right people at the right time

committed people

aimers, beneficiaries, delivery of service

long term strategic objectives

planning should be to derive options from brainstorming and swot analysis

strategic alternatives

formulating a strategy which involves evaluating and picking out which strategies could facilitate the attainment of long term improvements

evaluation and choice of strategies

a plan for formal and regular reporting and other measures of plan implementatiin

meaning of strategy implementation

the timing in intuitive thinking

immediacy

establishment of formulation of connections among ideas; inductive and deductive reasoning

sensing relationship

intuition and reason complement each other (noddings and shore, 1984)

reason

from particular to general

inductive reasoning

from general to particular

deductive reasoning

refers to the movement or migration of people

embodied globalization

deals with the dispersion & exchange of agents of representatives of various institutions

agency-extended globalization

involves the mobility of goods, commodities, and other objects of exchange such as machinery...

object-extended globalization

covers the diffusion of ideas like confucian ohilosophy and good study habitd across the world

disembodied globalization

refers to primarily to international business. covers all contracts concerning sales

economic globalization

includes two components; cultural globalization and social globalization

sociocultural globalization

involves institutions, public policies, and practices that cut across national boarders to facilitate international agreements

political globalization

concerns the environment where the interaction of living species takes place

natural environment globalization

covers the decreasing face-to-face encounter both for local and international transactions

delocalization

considered as the forerunners of globalization

rise of mncs

globalization is perceived to have shrunk the power of national government

decrease in the power of national government

unregulated capitalism led to the unbalanced economic development of some regions

social inequality

refers to the movement of a labor force from one country to another

international labor migration

is working together toward a common end or goal. actors set adide their differences and focus on their mutual interest

collaboration

is jointly working in pursuit of a common end

cooperation

involves the formation or creation of mental images

creative imagination

both a product and a stimulus of globalization. offers individual access to an enormous amount of information and data. "key organizing principle" - paul gomez dierks

internet

S P A D E

start, purpose, analyze, decide, execute

CPAR 1ST SEM FINAL TERM (review)

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