Week 2 Chapter 3 Flashcards
(14 cards)
What role does corporate culture play in organizations?
Corporate culture plays a key role in learning and innovative responses to:
* Threats from the external environment
* Challenging new opportunities
* Organizational crises
None
What is the relationship between organizations and the environment?
The environment creates uncertainty for managers, who must respond and design adaptive organizations
Uncertainty is when managers do not have sufficient information about environmental factors.
What actions do natural environmental groups advocate for?
Natural environmental groups advocate for:
* Reducing pollution
* Developing renewable energy
* Addressing global warming
* Sustainable use of scarce resources
None
What are boundary-spanning roles?
Boundary-spanning roles link and coordinate the organization with the external environment and seek:
* Business intelligence
* Big Data analytics
* Interorganizational partnerships
None
What are the two types of organizational combinations mentioned?
The two types of organizational combinations are:
* Mergers
* Joint ventures
A merger occurs when two or more organizations combine to become one.
What defines a high-performance culture?
A high-performance culture is based on:
* Solid organizational mission/purpose
* Shared adaptive values that guide decisions and practices
* Encouragement of individual employee ownership
* Focus on bottom-line results
None
What does cultural leadership involve?
Cultural leadership involves:
* Defining and using signals and symbols to influence corporate culture
* Articulating a vision for the organizational culture
* Reinforcing the cultural vision through day-to-day activities
* Communicating through words and actions
None
What is corporate culture?
Corporate culture is the set of key values, beliefs, understandings, and norms that members of an organization share
Examples include symbols, stories, heroes, slogans, and ceremonies.
What are the demographic characteristics of the sociocultural environment?
The sociocultural environment includes:
* Demographic characteristics
* Norms
* Customs
* Values
Connected Generation or Generation Z has woven technology into every aspect of life.
What factors must managers consider in the international dimension?
Managers must consider:
* Events originating in foreign countries
* New opportunities for U.S. companies in other countries
* New competitors, suppliers, customers
* New technological, social, and economic trends
None
What is the general environment in an organizational context?
The general environment affects organizations indirectly
It includes all outside elements that affect the organization.
What is the task environment?
The task environment consists of sectors that conduct transactions with the organization
It is part of the broader external environment.
Fill in the blank: The _______ environment includes elements within the organization boundaries.
Internal environment
None
What drives competition in industries according to technological advancements?
Massive advancements in a specific industry and society drive competition and help innovative companies gain market share
None
