Exam 3: Organizational Environments and Cultures

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The general environment is unique to each firm's industry and directly affects the way it conducts day-to-day business.

(True/False)
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In the context of corporate culture, which of the following is an example of visual artifacts?

(Multiple Choice)
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Which of the following is true about a company's specific environment?

(Multiple Choice)
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A company has invented a new procedure of car manufacturing that requires minimal electricity and time. This is a development in the _____ component of the general environment.

(Multiple Choice)
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Which of the following statements about environmental uncertainty is true?

(Multiple Choice)
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A decrease in either buyer dependence or supplier dependence can lead to opportunistic behavior.

(True/False)
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​_____ are defined as environments where the rate of environmental change is fast.

(Multiple Choice)
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​_____ is the degree to which a supplier relies on a client because of the importance of that client to the supplier and the difficulty of finding other clients for its products.

(Multiple Choice)
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Which of the following is the least aggressive approach likely to be used by an advocacy group?

(Multiple Choice)
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Changes in any sector of the general environment eventually affect most organizations.

(True/False)
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Under conditions in which the rate of both environmental change and complexity go up while environmental resources become scarce, environmental uncertainty can be expected to increase.

(True/False)
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Which of the following is NOT a characteristic of successful organizational cultures?

(Multiple Choice)
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The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify the factors that might have a significant influence on Alpha. Which of the following is illustrated in the scenario?

(Multiple Choice)
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Buyer dependence is the degree to which a company relies on a supplier because of the importance of the supplier's product to the company and the difficulty of finding other sources of that product.

(True/False)
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____ is a tactic in which an advocacy group actively tries to convince consumers not to purchase a company's product or service.

(Multiple Choice)
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​Venus LLC. is a transport service firm that ships raw materials from suppliers to bakeries. The company has been following a fixed business process for several years with almost no changes. Moreover, Venus does not have many strong competitors. Venus is most likely to be operating in a(n) _____.

(Multiple Choice)
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​_____ refers to the protocols and guidelines that govern the business practices and procedures of specific businesses, and professions.

(Multiple Choice)
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_____ refers to the number and the intensity of external factors in the environment that affect organizations.​

(Multiple Choice)
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Environmental uncertainty is most likely to be lowest when:

(Multiple Choice)
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Briefly differentiate between the external and internal environments that companies face and explain why these environments are important.​

(Essay)
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