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Terms in this set (50)the process of changing inputs to outputs. The most accurate definition of the technological dimension of the general environment is your failure to cope with the technological dimension of the general environment. You own a computer company, and you launch a joint venture with a competitor to create a new super-speed tablet. Unfortunately, you do not realize that your operating system is totally incompatible with that of the other company's, and the new venture fails miserably. This is the result of task environment You own a gourmet restaurant in Atlanta. You send your chef, Pierre LePeachtree, to a major international restaurant-owners' meeting so he can find out what some of the hot new entrees are around the world. You are being sensitive to the Customers Which external factor is the hardest to forecast? suppliers The Union Electric Company, a St. Louis utility, buys a large shipment of coal from Peabody Coal Company for use in its coal-fired plants. Peabody is one of Union Electric's pertaining to the general environment, those factors in other countries that affect the organization What is the global dimension? The formal system of oversight, accountability, and control for organizational decisions and resources Which of the following characteristics relates to corporate governance? Political-legal dimension An American firm's refusal to enter into a binding contract with a Russian oil firm because of the lack of clarity of Russian law in this area is based on the American firm's analysis of which dimension of the general environment? ... Regarding a business' resources, having ____________ is optimal. The aspect of the general environment that includes the demographics, attitudes, and the values of the society within which an organization operates Which of the following characteristics relates to the sociocultural dimension? All factors that make up the organization, such as the owners, managers, employees, and board of directors What is the nature of the organization's internal environment? economic dimension What name is given to the overall condition of the complex interactions of economies throughout the world? environmentalists The task environment includes all of the following except Global The fact that U.S. businesses now frequently engage in international trading relations is an illustration of what dimension of the general environment? the board of directors The group in a corporation that has legal responsibility to represent the stockholders is Secondary stakeholders What term describes groups that have a less formal connection to the organization, such as environmentalists, special interest groups, and the media? Companies not currently operating in a business's industry but that have a high potential for entering the industry What are potential new competitors? competitors What name is given to other organizations that produce similar, or in some cases identical, goods or services? political element of the political-legal dimension The Sierra Club makes a major effort in Washington to pass a law banning the logging of old-growth forest in Oregon through its political action committee (PAC). It is operating in the demographic characteristics The fact that Americans are becoming older and more affluent is an example of Technological dimension Within the general environment, what term describes the knowledge and process of changing inputs (resources, labor, and money) to outputs (goods and services)? Task environment What name is given to those factors that have a direct effect on a specific organization and its managers, including customers, suppliers, competitors, substitutes, and potential new entrants to the industry? Task environment You own a bakery that makes fine bran muffins, but you lose a customer to another bakery that offers him a 25 percent discount for similar muffins. You are facing a challenge in the great In a situation where the customer can choose an identical product from a large number of financial institutions, such as a Visa credit card, the customer's influence on the organization's operations is How to respond to the factors Understanding external factors is important to managers, equally important is knowing ____________. reduced When managers allow greater participation with regard to the design and implementation of projects, conflict within work groups is Patagonia The company that was founded on with strong CSR principles is Compliance Within a ____________orientation type of control system, when employees understand that their behaviors will be met with consequences, either good or bad, they have little opportunity for ambiguous personal interpretation of how they should act within the company. Compliance A __________orientation type of control system requires that employees learn and pledge to a specific type of conduct. must be enforced by rewards for proper behavior and punishments for unacceptable behavior. For a company to maintain ethical behavior, its policies, rules, and standards to encourage ethical decision making defines a minimally acceptable standard of conduct The difference between an ethic and a law is that a law accepted rules no longer apply, and the person must use his or her own moral standards. A managerial decision becomes an ethical issue when work group or the perceived ethicalness of the work group According to research, the most important factor affecting daily ethical decisions at work is the maximize its positive impact on society and minimize its negative impact Social responsibility is the obligation a business has to Ethics audit Which of the following refers to a comprehensive evaluation of a firm's ethics and compliance program and its ethical decisions used to determine whether the program is effective? Formalized rules and standards that describe and delineate what the organization expects of its employees Which of the following characteristics relates to codes of ethics? being fair, just, and trustworthy For businesspersons to be ethical, they must strive for success while promote trust and learning in an organization While open discussion of an ethical issue may not eliminate all ethical problems in an organization, discussion will usually increased If unethical behavior receives great reward and little punishment, then the likelihood that unethical behavior will recur is let the buyer beware the phrase caveat emptor means have immediate consequences Managers tend to be more concerned about ethical issues that look at the situation from several viewpoints. A good way to judge the ethics of a decision is to trust ethical violations destroy who ask employees to do something wrong have a powerful influence. The role of management in fostering ethical behavior in an organization is extremely important because managers moral philosophy A set of principles that describe what a person believes is the right way to behave is called Social responsibility What name is given to the obligation a business assumes to maximize its positive impact and minimize its negative impact on society? Ethical issue Which of the following refers to an identifiable problem, situation, or opportunity that requires a person or organization to choose among several actions that may be evaluated as ethical or unethical? The overall moral climate of your organization Your fellow employees regularly take home company supplies such as paper, pens, tape, and glue for their personal use. Although you feel it is wrong to do so, you begin taking home company supplies too. The strongest influence on your behavior is a component of social responsibility In analyzing the relationship between ethics and social responsibility, ethics may be viewed a Ethics audit Which of the following refers to a comprehensive evaluation of a firm's ethics and compliance program and its ethical decisions used to determine whether the program is effective? Sets with similar termsManagement Test 265 terms adam500dunn Principles of Management Ch. 3&438 terms kate_neal7 Management Chapter 3- Dr. Loes (Belmont University)34 terms paigekjohnson Management CH 425 terms tia_swanson Sets found in the same folderTest 165 terms mkirby123 Test 355 terms mkirby123 Test 458 terms mkirby123 Test 559 terms mkirby123 Other sets by this creatorChapter 220 terms mkirby123 Chapter 120 terms mkirby123 Recommended textbook solutionsInformation Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions
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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Other Quizlet setsMGMT 301 Chap 354 terms scott_pilgrim8 342: Exam 242 terms ellieunerstall Wk. 2, Ch. 6: The World35 terms dominiquernels Chapter 5: Environment Analysis Framework57 terms DrewMcDreamy Which statement accurately reflects the differences between the task environment and general environment?Which statement accurately reflects the differences between the task environment and the general environment? In the task environment, forces are directly tied to organizational success or failure while in the general environment, forces indirectly affect organizations.
In what way does the task environment differ from the general environment?In what way does the task environment differ from the general environment? Forces in the task environment have a more immediate and direct effect on managers than forces in the general environment.
What is the task environment quizlet?The Task Environment (External Stakeholders) - A person or organization that provides raw materials, services, equipment, labor or energy to other organizations.
Which of the following is a part of the task environment?Lesson Summary. The task environment consists of all the external factors that affect a company. These factors include customers, competitors, suppliers, government regulations, special interest groups, and the labor force itself.
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Which of the following is an accurate difference between the task environment and the general environment quizlet?
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