MGMT Ch 2 Flashcards
(7 cards)
Specific Environment
These are external forces that effect an organization at the micro level.
-Primary Stakeholders
(Employees, Suppliers, Customers)
-Secondary Stakeholders
(Community, Media)
General environment/PESTEL
Political, Economic, Socio-Culture, Technology, Environment, Legal
How Does The Environment Affects Managers
Environmental Uncertainty and The Challenges of managing in a global environment
What is more important National Culture or Organizational Culture
Hofstede indicates that national culture has a greater effect on employees than does their organization’s culture.
Hofstedes 6 dimensions
- Power Distance
- Individualism vs. Collectivism
- Masculinity vs. Felinity
- Uncertainty Avoidance
- Pragmatic vs. Normative
- Indulgence vs
Organizational Culture
Shared beliefs held throughout an organization that determine how members act
Five cultural issues
1.Creating a customer responsive culture
2.Sustainable culture
3.Inovative culture
4.Ethical culture
5.Learning culture