Business Systems and Organizational Cultures

<p>Principle of government requirements (B)</p> Signup and view all the answers

<p>Howard R. Bowen (A)</p> Signup and view all the answers

<p>The activity of transforming inputs into goods and services. (C)</p> Signup and view all the answers

<p>Market, government, and voluntary sectors. (A)</p> Signup and view all the answers

<p>Factors like management, employees, and culture within the organization. (C)</p> Signup and view all the answers

<p>Economic conditions. (B)</p> Signup and view all the answers

<p>Technological changes. (A)</p> Signup and view all the answers

<p>Specific environment includes unique factors for each company. (B)</p> Signup and view all the answers

<p>By influencing consumer preferences and demography. (D)</p> Signup and view all the answers

<p>To allocate resources for profit generation. (B)</p> Signup and view all the answers

<p>Alternating long periods of stability and short periods of dynamic change (C)</p> Signup and view all the answers

<p>It contains many external factors that require adaptation (A)</p> Signup and view all the answers

<p>Intangible resources (B)</p> Signup and view all the answers

<p>Variations in accessibility of resources affecting organization (C)</p> Signup and view all the answers

<p>It reduces the predictability of external changes (D)</p> Signup and view all the answers

<p>It contributes to sustainable competitive advantage (D)</p> Signup and view all the answers

<p>It complicates organizational structure and processes (A)</p> Signup and view all the answers

<p>One with few environmental factors impacting the organization (D)</p> Signup and view all the answers

<p>It provides a basis for decision making that enhances resilience. (A)</p> Signup and view all the answers

<p>Managers feel confident in understanding and handling external forces. (B)</p> Signup and view all the answers

<p>Ability to adapt to unpredictable developments. (A)</p> Signup and view all the answers

<p>Develop business ventures during unique chances. (D)</p> Signup and view all the answers

<p>It helps in sighting both opportunities and threats rapidly. (D)</p> Signup and view all the answers

<p>It provides important information on future evolution. (D)</p> Signup and view all the answers

<p>Sudden changes cannot be fully anticipated. (D)</p> Signup and view all the answers

<p>More effective and rapid reactions to identified changes. (A)</p> Signup and view all the answers

<p>Cultures are generally resistant to change. (B)</p> Signup and view all the answers

<p>The set of moral principles that guide behaviors. (A)</p> Signup and view all the answers

<p>Leaving work early without permission. (C)</p> Signup and view all the answers

<p>Sabotaging company equipment. (C)</p> Signup and view all the answers

<p>Personal aggression (A)</p> Signup and view all the answers

<p>Favoring friends over performance in decisions. (D)</p> Signup and view all the answers

<p>By the target of the behavior and severity. (C)</p> Signup and view all the answers

<p>Society's accepted principles of right and wrong. (A)</p> Signup and view all the answers

<p>Profit maximization for shareholder benefit (B)</p> Signup and view all the answers

<p>Any group crucial for long-term survival (B)</p> Signup and view all the answers

<p>Environmental responsibility (A)</p> Signup and view all the answers

<p>The interests of multiple corporate stakeholders (D)</p> Signup and view all the answers

<p>It enhances societal and environmental impact (A)</p> Signup and view all the answers

<p>A self-regulating business model for accountability (A)</p> Signup and view all the answers

<p>To improve their brand and set industry standards (B)</p> Signup and view all the answers

<p>They can influence or be influenced by the company. (B)</p> Signup and view all the answers

A business is an activity that produces goods or services to meet people's needs.

Businesses decide how to use society's resources to create goods and services, considering limited resources.

Businesses can be categorized as market, government, or voluntary (third sector).

A business system involves various organizations interacting to create economic activity, including unions and regulatory bodies.

Internal environment includes factors inside a company that affect its operations (employee morale, culture).

External factors outside a company that impact its performance (e.g., economy, technology).

General environment affects ALL companies (e.g. economy, technology, social trends).

Specific environment is unique to each company (e.g., competitors, suppliers).

Companies experience long periods of stability followed by short, complex periods of fundamental change, then return to stability.

The number and intensity of external factors affecting an organization.

An environment with few external factors influencing an organization.

An environment with many external factors influencing an organization.

Anything usable to create value for an organization.

Organizational assets that can be seen and quantified.

Organizational assets hard to quantify or measure.

The difficulty managers have in understanding and predicting environmental changes.

A systematic approach to understanding potential future changes and uncertainties.

Another term for future analysis, focusing on understanding and preparing for change.

Because developments are often unpredictable, flexibility and the ability to adjust are vital for success.

It helps businesses understand change, navigate uncertain environments, and make resilient plans.

A method to explore possible future situations and their implications, providing valuable insights about potential outcomes.

It helps businesses anticipate changes, spot opportunities and threats, plan effectively, and react swiftly.

A unique chance to develop a business venture due to changes in the external environment.

An understanding of the external environment allows companies to respond quickly and effectively to opportunities and threats.

The shared values, beliefs, and assumptions of a company's employees that influence how they behave.

Altering the shared values, beliefs, and assumptions within a company, which is a challenging process.

Principles that define what's right or wrong for individuals or groups, guiding behavior, decision-making, and interaction.

Unethical behavior that violates company norms. Examples: stealing, spreading rumors, or being aggressive towards colleagues.

Unethical behavior that hurts the quality or quantity of work produced, like leaving early or working slower intentionally.

Unethical behavior targeting company property or products, like stealing, damaging equipment, or overcharging for services.

Using influence to harm others within the company, like favoritism or spreading rumors.

Hostile or aggressive behavior towards others, such as verbal abuse, sexual harassment, or threats.

The degree to which an action influences the average person.

An ethical principle suggesting you should only act in ways that benefit you or your organization in the long run.

An ethical principle emphasizing kindness and community building as guiding principles in decision-making.

An ethical principle emphasizing compliance with laws, considering them as the minimum moral standard.

An ethical principle advocating for honest, open, and truthful actions, even when publicly scrutinized.

A business model where companies voluntarily take actions that benefit society, including economic, social, and environmental aspects.

A view of social responsibility where a company's main goal is to maximize profits for its shareholders.

A view of social responsibility where a company's success is achieved by satisfying the interests of all stakeholders, not just shareholders.

Any group that a company relies on for its long-term survival, like employees, customers, and suppliers.

Any group that can influence or be influenced by a company, affecting public perception of its social responsibility.

A type of corporate social responsibility that focuses on minimizing the company's negative impact on the environment.

A type of corporate social responsibility that focuses on fair and honest business practices, respecting ethical values.

A type of corporate social responsibility that involves supporting charitable causes and community initiatives.