Chapter 2 - The Environments of Organizations and Managers Flashcards

1
Q

Is Fair Trade a Fair Trade-Off?

A

“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.”

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2
Q

Remember Fair trade programs?

A

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?

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3
Q

Remember External and Internal Environment?

A

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

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4
Q

Remember the Technological Dimension

A

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

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5
Q

The Political-Legal Dimension - Government regulation of business and the interdependent relationship of the two: What are the three impacts?

A
  1. Legal system defines what you can and cannot do.
  2. Pro or Anti business sentiment in government Anti-trust law.
  3. Political Stability - local, state, national, and international level.
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6
Q

McDonald’s General Environment

A
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7
Q

McDonalds Task Environment

A
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