Chapter 2: The Environment & Corporate Culture Flashcards

(42 cards)

0
Q

The external environment can

A

Potential affect the performance of organisation

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1
Q

The external environment refers to

A

Institutions
Forces
Outside organisation

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2
Q

The two major layers of the external environment are

A

Task

General

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3
Q

The general environment represents

A

Outer layer of the external environment

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4
Q

The general environment is

A

Widely dispersed

Affects organisation indirectly

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5
Q

The five dimensions of the general environment are

A
PEST-IN
Legal-political
Economic 
Sociocultural
Technological
International
Natural
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6
Q

International dimension is the

A

Events
Opportunities
In foreign countries

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7
Q

Technological dimension is the

A

Scientific and technological advancements in
Industry
Society at large

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8
Q

Sociocultural dimension include

A
Demographic characteristics
Norms
Custom
Values of population 
In which org. Operates
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9
Q

The economic dimension is the

A

Overall economic health of
Region
Country
In which organisation functions

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10
Q

Legal-political dimension includes

A

Local laws
Political stability
changes in governmental policy
Legislation and regulations

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11
Q

Natural dimension refers to

A
Elements that occur naturally on earth
Plants 
Animals
Natural resources
Climate
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12
Q

The task environment is

A

Closer to the organisation

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13
Q

The task environment includes

A

Sectors that conduct day to day transactions

Directly influence basic operations and performance

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14
Q

The task environment is made up of

A

Customers
Competitors
Suppliers
Labour market

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15
Q

Customers are

A

People and organisations who

Acquire goods or services from organisation

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16
Q

Competitors are

A

Other organisations in the same industry/type of business
That provide good or service
To same set of customers

17
Q

Suppliers are

A

People and organisations that provide raw materials

That organisation uses to produce its output

18
Q

The labour market comprises of

A

People available for hire by the org

19
Q

Environmental factors are dynamic and

A

They cause great uncertainty

20
Q

Management copes with uncertainty by

A

Adapting to chafes

Influence

21
Q

The organisation adapts by

A

Forecasting
Planning
Predicting
Anticipating changes

22
Q

Companies influence to

A

Make it more compatible with ta needs

23
Q

How does the environment impact planning?

A

Goals and strategies adopted
Take into consideration
Task and general environment

24
How does environment affect organising?
Labour market E.g recruitment freeze, manpower constraints Review their human resource deployment
25
How does the environment affect leading?
Consider sociocultural norms of geographical locations Population that form labor force Management and communication styles must consider expectations of local community
26
How does the environment affect controlling?
International events can affect company's operations
27
The internal environment consists of
Corporate culture Production technology Organisation structure Physical facilities
28
The major aspect of organisations internal environment is
Corporate culture
29
The internal culture must
Fit needs of external environment | Company strategy
30
Culture is
``` Set of: Key values Beliefs Understandings Norms ``` Shared by members of an organisation
31
Culture is developed through
Values Policies Practices
32
Culture reflects the
drive and imagination of founder
33
Culture can be
Visible and invisible
34
Visible artifacts of culture are
``` Manner of dress Office layout Symbols Slogans Ceremonies ``` Can see, hear, ob service
35
Invisible elements of culture are
``` Expressed values and beliefs They are interpreted from Stories Language Symbols ```
36
Things that are part of color gate culture are
``` Symbols Stories Heroes Slogans Ceremonies ```
37
Symbols are
Objects Acts Events Conveying meaning
38
Stories are
Narratives based on true events | Repeated and shared
39
A hero is a
Figure who exemplifies | Deeds, character and attributes of organisation
40
Slogan is a
Phrase or sentence | Expressing a key organisation value
41
Ceremonies is a
Planned activity that is a special event | Conducted for the benefit of an audience