Shared Flashcard Set

Details

The Environment and Corporate Culture
Dr. B MGT 300
28
Management
Undergraduate 3
08/21/2012

Additional Management Flashcards

 


 

Cards

Term
organizational environment
Definition
includes all elements existing outside
the boundary of the organization that have the potential to affect
the organization
Term
general environment
Definition
affects organizations
indirectly
Term
task environment
Definition
is closer
to the organization and includes the sectors that conduct day-to-day transactions with the
organization and directly influence its basic operations and performance
Term
internal environment
Definition
which includes the elements
within the organization’s boundaries
Term
international dimension
Definition
of the external environment represents
events originating in foreign countries as well as opportunities for U.S. companies in other
countries
Term
technological dimension
Definition
of the general environment includes scientific and technological advancements in a specific industry as well as in society at large.
Term
sociocultural dimension
Definition
of the general
environment represents the demographic characteristics as
well as the norms, customs, and values of the general population.
Term
economic dimension
Definition
represents the general economic health of the
country or region in which the organization operates. Consumer purchasing power,
the unemployment rate, and interest rates are part of an organization’s economic environment.
Term
legal-political dimension
Definition
includes government regulations at the
local, state, and federal levels, as well as political activities designed to influence company
behavior.
Term
pressure groups
Definition
that work within the legal political
framework to influence companies to behave in socially responsible ways.
Term
natural dimension
Definition
elements that occur naturally on earth, including plants, animals, rocks, and natural resources
such as air, water, and climate.
Term
customers
Definition
Those people and organizations in the environment that acquire goods
or services from the organization are
Term
competitors
Definition
Specifi c competitive issues characterize each industry. Other organizations
in the same industry or type of business that provide goods or services to the same
set of customers are referred to as
Term
Suppliers
Definition
provide the raw materials the organization uses to produce its
output. A steel mill, for example, requires iron ore, machines, and financial resources
Term
labor market
Definition
represents people in the environment who can be
hired to work for the organization.
Term
Boundary-spanning roles
Definition
link and coordinate the organization
with key elements in the external environment
Term
merger
Definition
occurs when two or more organizations combine
to become one.
Term
joint venture
Definition
is a strategic alliance or program by two
or more organizations.
Term
symbol
Definition
is an object, act, or event that conveys meaning to others
Term
story
Definition
is a narrative based on true events
and is repeated frequently and shared
among organizational employees.
Term
hero
Definition
is a figure who exemplifies the
deeds, character, and attributes of a
strong culture.
Term
slogan
Definition
is a phrase or sentence that succinctly expresses a key corporate value
Term
adaptability culture
Definition
emerges in an environment that requires fast response and
high-risk decision making.
Term
achievement culture
Definition
is suited to organizations concerned with serving specifi c
customers in the external environment but without the intense need for flexibility and
rapid change.
Term
involvement culture
Definition
emphasizes an internal focus on the involvement and participation
of employees to adapt rapidly to changing needs from the environment
Term
consistency culture
Definition
uses an internal focus and
a consistency orientation for a stable environment
Term
high-performance culture
Definition
a culture that
(1) is based on a solid organizational mission or purpose, (2) embodies shared adaptive
values that guide decisions and business practices, and (3) encourages individual employee
ownership of both bottom-line results and the organization’s cultural backbone
Term
cultural leader
Definition
defi nes and uses signals and symbols to influence corporate culture.
Cultural leaders influence culture in two key areas:
Supporting users have an ad free experience!