environmental constraints on managers

Question 1

specific environment

Answer 1

stakeholders that are affected by or can impact

Question 2

primary stakeholders

Answer 2

direct transactions and financial interest
shareholders, owners, suppliers, customers, employees, creditors, etc

Question 3

secondary stakeholders

Answer 3

impact or impacted by
unions, communities, media, gov, social movements, etc

Question 4

general environment

Answer 4

broad macro conditions they operate within

Question 5

pestel

Answer 5

political
economic
sociocultural
environmental
legal

Question 6

activists can create

Answer 6

political uncertainty
economic risk
sociocultural uncertainty
tech uncertainty
legal uncertainty

Question 7

social license

Answer 7

firms need to generate trust and understanding of the issues of stakeholders and build social capital

Question 8

how the environment affects managers

Answer 8

degree of complexity
degree of change

Question 9

types of international organizations

Answer 9

global corporations
multi-domestic companies (decentralized)
transnational (borderless)

Question 10

entry-mode strategies

Answer 10

contractual
non-equity-based or equity-based
foreign direct investment

Question 11

contractual

Answer 11

franchising
licensing

Question 12

non-equity-based or equity-based

Answer 12

strategic alliance

Question 13

foreign direct investment

Answer 13

joint venture
wholly owned subsidiary

Question 14

national culture

Answer 14

collective mental programming of a society

Question 15

hofstede’s 6 dimensions

Answer 15

power distance
individualism vs collectivism
masculinity vs feminity
uncertainty avoidance
long vs short-term orientation
pragmatic vs normative
indulgence vs restraint