Podcast
Questions and Answers
What is the organizational environment?
What is the organizational environment?
- The specific range of goods and services produced by the organization
- The physical surroundings of the organization
- The internal structure of the organization
- The set of pressures and forces surrounding an organization that can affect the way it operates (correct)
What does the term 'organizational domain' refer to?
What does the term 'organizational domain' refer to?
- The management structure within the organization
- The specific range of goods/services that the organization produces and the customers it serves (correct)
- The financial performance of the organization
- The physical location of the organization
How can an organization enlarge and protect its domain?
How can an organization enlarge and protect its domain?
- By reducing its product range
- By decreasing its customer base
- By expanding internationally (correct)
- By increasing its internal bureaucracy
What does global supply chain management involve?
What does global supply chain management involve?
Which forces are part of the specific environment of an organization?
Which forces are part of the specific environment of an organization?
What is the main goal of an organization in managing its environment?
What is the main goal of an organization in managing its environment?
What is the main challenge associated with integration and communication according to the text?
What is the main challenge associated with integration and communication according to the text?
According to transaction cost theory, what must managers do when deciding which strategy to pursue?
According to transaction cost theory, what must managers do when deciding which strategy to pursue?
What is an example of a linkage mechanism mentioned in the text that helps organizations avoid bureaucratic costs while minimizing transaction costs?
What is an example of a linkage mechanism mentioned in the text that helps organizations avoid bureaucratic costs while minimizing transaction costs?
What does franchising involve according to the text?
What does franchising involve according to the text?
What does outsourcing involve according to the text?
What does outsourcing involve according to the text?
What is the purpose of using transaction cost theory according to the text?
What is the purpose of using transaction cost theory according to the text?
How can managers use transaction cost theory when choosing an interorganizational strategy?
How can managers use transaction cost theory when choosing an interorganizational strategy?
What are three examples of linkage mechanisms mentioned in the text?
What are three examples of linkage mechanisms mentioned in the text?
How does keiretsu function as a linkage mechanism according to the text?
How does keiretsu function as a linkage mechanism according to the text?
What is the significance of estimating bureaucratic costs when choosing an interorganizational strategy?
What is the significance of estimating bureaucratic costs when choosing an interorganizational strategy?
What is an interlocking directorate?
What is an interlocking directorate?
What is the purpose of long-term contracts in strategic alliances?
What is the purpose of long-term contracts in strategic alliances?
What is a keiretsu?
What is a keiretsu?
What is the ultimate weapon for managing competitive interdependencies?
What is the ultimate weapon for managing competitive interdependencies?
According to transaction cost theory, when do transaction costs increase?
According to transaction cost theory, when do transaction costs increase?
What is the goal of an organization according to transaction cost theory?
What is the goal of an organization according to transaction cost theory?
What are sources of transaction costs?
What are sources of transaction costs?
When will an organization start using more formal linkages such as long-term contracts to govern its exchanges?
When will an organization start using more formal linkages such as long-term contracts to govern its exchanges?
What are the three factors that cause uncertainty in the organizational environment?
What are the three factors that cause uncertainty in the organizational environment?
According to the resource dependence theory, what are the two aspects of an organization's resource dependence that need to be managed?
According to the resource dependence theory, what are the two aspects of an organization's resource dependence that need to be managed?
What is environmental richness a function of?
What is environmental richness a function of?
What do symbiotic interdependencies generally exist between?
What do symbiotic interdependencies generally exist between?
How does an organization manage symbiotic interdependencies by neutralizing problematic forces in the specific environment?
How does an organization manage symbiotic interdependencies by neutralizing problematic forces in the specific environment?
What is the main goal of an organization according to the resource dependence theory?
What is the main goal of an organization according to the resource dependence theory?
What are the factors that determine the level of demand for products and price of inputs?
What are the factors that determine the level of demand for products and price of inputs?
In what type of environment are uncertainty levels low because resources are plentiful?
In what type of environment are uncertainty levels low because resources are plentiful?
What is environmental dynamism a measure of?
What is environmental dynamism a measure of?
