Context Flashcards
1
Q
V
A
Volatility
2
Q
U
A
Uncertainty
3
Q
C
A
Complexity
4
Q
A
A
Ambiguity
5
Q
Outer layer of environment
A
The global environment
6
Q
Inner layer of environment
A
Task environment
7
Q
Global environment
A
- technological
- political-legal environment
- socio-cultural
- ecological
- macroeconomic
8
Q
Task environment
A
Factors directly related to accomplishing the task
9
Q
Six competitive forces (task environment)
A
- rivalry
- new entrants
- substitutes
- suppliers
- buyers
- industrial relations
10
Q
6 ds of tech disruption
A
- digitalization
- Deception
- disruption
- dematerialization
- demonetization
- democratization
11
Q
Digitized
A
Exponential growth
12
Q
Deceptive
A
Exponential growth that deceives at first
13
Q
Disruptive
A
Digital technology outperforms in effectiveness and cost (changing the dynamics of markets)
14
Q
Dematerialized
A
Bulky products are now available as pocket sized gadgets
15
Q
Demonetized
A
Technologies are becoming cheaper as time passes
