Exam 3: Managing in a Changing Global Environment

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The airline industry is generally considered to be operating in a stable environment because of a relatively stable customer base.

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In general, organizations like competition because it enlarges the organizational domain.

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A third- party linkage mechanism:

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Amazon.com changed the book- selling industry from a certain environment to a(n)________environment.

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The________ is the set of forces that shape the specific environment and affect the ability of all organizations in a particular environment to obtain resources.

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The co- optation linkage mechanism involves bringing the other party inside the organization, thus, making them a stakeholder.

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The goods and services an organization produces and the customers it serves define its________ .

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The range of goods and services that an organization produces and the customers that it serves are referred to as the organizational domain.

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________is/are a function of the strength, number, and interconnectedness of the specific and general forces that an organization has to manage.

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Informal linkage mechanisms should be used when companies:

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Which of the following statements about Toyota is false?

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An upscale department store agrees to sell a fashion designer's clothes. This is an example of________ .

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The union does not like the work rules of an automobile plant. The plant forms a joint union- labor committee and gets key union leaders to join the committee. This is an example of:

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Which of the following forces is a general environment factor?

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Formal interorganizational linkage mechanisms reduce transaction costs.

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One problem that General Electric faced when they purchased a lighting company in Hungary was that the Americans wanted a strong marketing program, and these activities were deemed not necessary by the Hungarian workers.

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A keiretsu significantly increases an organization's bureaucratic costs.

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Which of the following type(s)of strategic alliance is the most formal?

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The ________is/are the set of forces from outside stakeholder groups that directly affect an organization's ability to secure resources.

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Economic forces, such as the interest rate or unemployment rate, are categorized as forces in the general environment, since they affect the ability of all organizations in a particular environment to secure resources.

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