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24 Cards in this Set

  • Front
  • Back

Changes in any sector of the general environment

will eventually affect most organizations

_______ is used to refer to a company's practice on identifying and addressing customer trends.

Reactive Customer Monitoring

Technology is the ____ used to transform inputs (raw materials, information, etc.) into outputs (goods or services)

knowledge, tools and techniques

A key factor influencing the relationship between companies and their suppliers is

how dependent they are on each other

The first step managers use to make sense of their changing environments is

environmental scanning

The ______ is the set of key values, beliefs, and attitude shared by organizational members.

Organizational Culture

______ is/are primary source of organizational culture.

The company's founder

Employees tend to feel a greater sense of ownership and responsibility in companies with organizational cultures characterized by

Employee Involvement

What are the characteristics of successful organizational cultures?

a clear vision


consistency


adaptability


involvement

What are two types of external organizational environments?

general and the specific

All events outside a company that have a potential to influence or affect it occur in the _____ environment.

External

According to ______, companies go through long, simple periods of environmental stability, followed by short, complex periods of dynamic fundamental environmental change, finishing with a return to environmental stability.

Punctuated Equilibrium theory

A company facing a simple environment would

have few external factors in the environment that affect it

______________ is the degree to which an organization's external environment has an abundance or lack of critical organiztional resources.

Resource scarcity

In a very strong economy, where the demand for qualified job applicants exceeds the supply, the environmental characteristic of _____ is likely to be particularly salient for many companies.

Resource Scarcity

Environmental ____ is affected by environmental complexity, change and resources

Uncertainty

The ____ consists of the economy and the technological, socio-cultural, and political/legal trends that indirectly affect all organizations

General Environment

Changes in any sector of the general environment ____.

Will eventually affect more organizations

______ is used to refer to a company's practice of identifying and addressing customer trends and problems after they occur.

Reactive Customer Monitoring

______ involves deciding who your competitors are, anticipating competitors' moves, and determining competitiors' strengths and weaknesses.

A competitive analysis

______ is a tactic in which an advocacy group actively tries to convince consumers not to purchase a company's product or services.

Product Boycott

After an organization's founders are gone, the organization can use ___ to sustain its organizational culture.

Organizational Heroes

Both merging organizational cultures lacked the _____ tha would have increased the likelihood of the merger's success.

Adaptability

In order to change an organizational culture, top management can persuade other managers and employees to perform a new behavior in place of an older one. This technique is called _____.

Behavioral Substitution