MGMT Test 1 (Ch. 2)

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Author:
SeanHatfield
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308083
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MGMT Test 1 (Ch. 2)
Updated:
2015-09-18 17:05:20
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MGMT mgmt Management management Business business
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MGMT
Description:
Management test 1 pt. 2 (Chapter 2) The Environment and Corporate Culture
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  1. The _________ environment, consisting of both general and task environments, includes all elements existing outside the boundary of the organization that have the potential to affect the org.
    Organizational
  2. A/an __________ includes organizations in all the sectors of the task and general environments that provide the resource and information transactions, flows, and linkages necessary for an org. to thrive.
    Organizational Ecosystem
  3. The _______ environment indirectly influences all orgs. within an industry.
    General Environment
  4. The _________ environment includes the sectors that conduct day-to-day transactions with the org. and directly influence its basic operations and performance.
    task
  5. The ________ dimension of the external environment represents events originating in foreign countries, as well as opportunities for U.S. comanies in other countries.
    International
  6. The ________ dimension of the general environment includes scientific and technological advances in society.
    Technological
  7. the ___________ dimension of the environment includes demographic characteristics, norms, customs, and values of a population within which the org. operates.
    Sociocultural
  8. The ________ dimension of the environment represents the general economic health of the country or region in which the org. operates.
    Economic
  9. The _________ dimension of the environment includes gov. regulations at the local. state, and federal levels, as well as political activities designed to influence company behavior.
    Legal-Political
  10. The __________ environment includes elements within the org's boundaries, such as employees, mgmt, and corporate culture.
    Internal
  11. The ________ dimension includes all elements that occur naturally on Earth.
    Natural
  12. _______ are part of the task environment and include people and orgs. that acquire goods or services from the org.
    Customers
  13. _________ are orgs. within the same industry or type of business that vie for the same set of customers.
    Competitors
  14. ________ provide the raw materials the org. needs uses to produce its output.
    Suppliers
  15. The ________ represents the people available for hire by the org.
    Labor Market
  16. __________ are events and forces that alter an org's ability to achieve its goals.
    Strategic Issues
  17. __________ link to and coordinate the org with key elements in the external environment.
    Boundary-Spanning Roles
  18. __________ reduce boundaries and increase collaboration with other orgs.
    Interorganizational Partnerships
  19. A/an ________ occurs when two or more orgs combine to become one.
    Merger
  20. A/an _______ is a strategic alliance or program by two or more orgs.
    Joint Venture
  21. Organizational _________ is the set of key values, beliefs, understandings, and norms shared by members of an org.
    Culture
  22. A/an __________ is an object, act, or event that conveys meaning to others.
    Symbol
  23. A/an ________ is a figure who exemplifies the deeds, character, and attributes of a strong culture.
    Hero
  24. A/an _________ succinctly expresses a key corporate value.
    Slogan
  25. The __________ culture is characterized by values that support the company's ability to interpret and translate signals from the environment into new behavior responses.
    Adaptability
  26. A/an __________ culture is a results-oriented culture that values competitiveness, personal initiative, and achievement.
    Achievement
  27. A/an _________ culture places high value on meeting the needs of employees and values cooperation and equality.
    Involvement
  28. A/an ________ culture values and rewards a methodical, rational, orderly way of doing things.
    Consistency
  29. Managers emphasize both values and business results to create a ____________ culture.
    High-Performance
  30. __________ define and articulate important values that are tied to a clear and compelling mission, which they communicate widely and uphold through their actions.
    Cultural Leaders

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