Chapter 2 - The Environments of Organizations and Managers Flashcards
Is Fair Trade a Fair Trade-Off?
“Fair-trade programs make a promise that the producers will get a good deal. They do not promise that the consumer will get a good deal.”
Remember Fair trade programs?
Ensure that export-dependent farmers receive fair prices. Fair trade Labeling Organizations International FLO partners with cooperatives in Africa and Latin America to establish operations standards, and socially relevant policies FLO guarantees producers a “Fairtrade Minimum Price”. Where does the money come from?
Remember External and Internal Environment?
Definition: Outside forces effecting an organization 1. General Environment - Overall context of an organizations surroundings. 2. Task Environment - Specific outside groups that affect the organization 3. Internal Environment - Conditions & forces within the organization
Remember the Technological Dimension
Available methods for converting resources into products and services. Does tech come from within the organization or from the general environment? Impact of social media
The Political-Legal Dimension - Government regulation of business and the interdependent relationship of the two: What are the three impacts?
- Legal system defines what you can and cannot do.
- Pro or Anti business sentiment in government Anti-trust law.
- Political Stability - local, state, national, and international level.
McDonald’s General Environment
McDonalds Task Environment