Chapter 2 Flashcards
Being open minded and an independent thinker
Mindfulness
All elements existing outside the organization’s boundaries that have potential to affect the organization.
External environment
Layer of external environment that affects the organization indirectly.
General Environment
Includes social, economic, legal-political, international, natural and technological factors.
General Environment
Layer of external environment that affects the organization directly.
Task Environment
Includes competitors, suppliers, customers and labor market.
Task Environment
Environment that includes the elements within the organization’s boundaries.
Internal Environment
Includes current employees, managers, and corporate culture.
Internal Environment
Dimension of the general environment that represents events originating in foreign countries.
International Dimension
Dimension of the general environment that represents technological advancements in a specific industry.
Technological Dimension
Dimension of the general environment that represents demographic characteristics as well as norms, customs and values.
Sociocultural Dimension
Dimension of the general environment that represents the general economic health of the region in which the organization operates.
Economic Dimension
Dimension of the general environment that represents government regulations and political activities.
Legal-Political Dimension
Interest groups that work within the legal-political framework to influence companies to behave in certain socially responsible ways.
Pressure groups
Dimension of the general environment that represents all the event that occur naturally on Earth, includes natural resources.
Natural Dimension