External And Internal Environment Of Management Flashcards

1
Q

What are the 2 components for environmnet

A
  1. General environment
  2. Task environment
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2
Q

What are the dimensions in the task environment

A
  1. Customers
  2. Competitors
  3. Suppliers
  4. Labour market
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3
Q

What are the dimensinos of the general environment

A
  1. Technological
  2. Natural
  3. Sociocultural
  4. Economic
  5. Legal/political
  6. International
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4
Q

Define general environment

A

The outer layer of the environment that. Has the indirect (not day-to-day) impact on organisation

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5
Q

Define task environment

A

Layer of the external environment that directly influences the organisation’s operations and performance

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6
Q

What does the internal environment comprise of

A
  1. Corporate/organisational culture
  2. Production technology
  3. Organisation structure
  4. Physical facilities
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7
Q

What are the 4 types of culture

A
  1. Adaptability culture
  2. Achievement culture
  3. Involvement culture
  4. Consistency culture
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8
Q

Define adaptability culture

A

Response to the environment that requires fast responses in industries such as tech and cosmetics

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9
Q

Define achievement culture

A

A results-oriented culture that values competitiveness, personal initiative, cost-cutting and achievement

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10
Q

Define involvement culture

A

Places high value on meeting the needs of employees where it values cooperation, consideration and equality

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11
Q

Define consistency culture

A

Values and rewards a methodical, rational and orderly way of doing things

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12
Q

Define globalisation

A

Production of product is an international joint-effort

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13
Q

What are the 4 stages of globalisation

A
  1. Domestic stage
  2. International stage
  3. Multinational stage
  4. Global stage
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