OS chapter 11 Flashcards
Organizational birth
The founding stage of an organization, marked by a high risk of failure due to various challenges
Population of organizations
The group of organizations that compete for the same resources in a given environment
Liability of newness
The risks and challenges that come with being a new organization in an unfamiliar environment
Environmental niches
Particular sets of resources
r-strategy
A strategy that involves entering a new environment early
Population ecology theory
A theory that examines the factors influencing the birth and death rates of new organizations within a population of existing organizations
K-strategy
A strategy that involves entering an environment later, after other organizations have already assessed the risks and opportunities
Population density
The number of organizations competing for the same resources within a specific environment
Generalist
Organizations that distribute their skills across a wide range of resources, competing in multiple niches
Specialists
Organizations that focus their skills on a narrow range of resources within a specific niche
Natural selection
The process that ensures the survival of the organizations that have the skills and abilities that best fit with the environment
Organizational growth
The life cycle stage where organizations develop skills and competencies for value creation, enabling them to acquire additional resources
Institutional theory
A theory exploring how organizations enhance growth and survival by aligning with stakeholder expectations in a competitive environment
Institutional environment
The values and norms that shape the behavior of organizations within a given environment
Organizational isomorphism
The similarity among
organizations in a population
Organizational decline
The life cycle stage that occurs when an organization fails to anticipate, recognize, avoid, or adapt to external or internal pressures, jeopardizing its long-term survival
Organizational inertia
Forces inside an organization that make it resistant to change