Chapter 2: The Task and Macroenvironments of Managent Flashcards
(20 cards)
has greatest immediate influence on managers
task environment
four key stakeholders
customers, members, owners, other organizations
four dimensions of macroenvironment
sociocultural, political, natural, and economic-technological
three basic levels of the environment for managers
manager, task environment, macro environment, and international environment
embodied by the norms, customs, and the values that general population and its demographic sub-groups
socio-cultural
influences needs nd wants, expectations of members and owners, and the attitudes of competitor and supplier
sociocultural environment
terrorist attacks influence social views and ideas of what
appropriate behavior
increasing diversity leads to what?
greater variety in ethnic & religious backgrounds
baby boomers are no longer dominant consumers in leisure & healthcare markets
generational shift
influence of managers on sociocultural environmet
think tanks
news and other media outlets
influence of the natural environment on managers
ecological footprint
amount of earths natural resources are required to sustain a particular lifestyle
ecological footprint
five options to manage the natural environment
obstructionist, defensive/legal, market, accommodation, proactive
Includes both the prevailing philosophy and objectives of the various levels of government, as well as their on-going laws and regulations
politico-legal environment
How financial resources are used and distributed in a specific country or region
economic environment
The combination of equipment and skills by which the acquisition, design, production, and distribution of goods and services is managed
technological environment
The management of property and wealth in such a way that the short-term monetary value of owners is maximized
acquisitive economics
Assumes that individuals will pursue their material self-interest
materialist individualist perspective
Managers strive to work together with stakeholders in order to enhance multiple forms of well-being for multiple stakeholders
Multistream Viewpoint
Managing property and wealth to increase the long-term overall well-being for owners, members and other stakeholders.
sustenance economics
