Exam 3: Organizational Environments and Cultures

_____ is the abundance or shortage of critical organizational resources in an organization's external environment.

Opportunistic behavior focuses on establishing a mutually beneficial, long-term relationship between buyers and suppliers.

In the context of the external environment of a firm, _____ involves searching the environment for important events or issues that might affect an organization.

Environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses.

Organizational members use _____ to make sense of organizational events and changes and to emphasize culturally consistent assumptions, decisions, and actions.

Environmental uncertainty in an organization is high when:

Companies whose chief executive officers do more environmental scanning have higher profits.

Tradcuisie Souvenirs is a company that manufactures souvenirs that represent the traditional arts of the country Yeingir. For the past few years, the business of Tradcuisie Souvenirs has been declining because of a shortage of artisans who have learned traditional crafts. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

In the context of federal regulatory agencies and commissions, the _____ stops companies from engaging in unfair workforce practices.

Ken was fired from his job at a paper mill for taking one week off from work even though his leave had been approved by his manager. As this action is a violation of the terms of job security, Ken filed a suit against the paper mill. He won the case, and the paper mill suffered losses as it had to pay a hefty sum to Ken as compensation. In the context of the general environment, this scenario illustrates the effect of the _____ on organizations.

In the context of the external environment of a firm, which of the following statements is true of environmental scanning?

_____ refers to a transaction in which one party in the relationship benefits at the expense of the other.

Ecru Inc. is a company that regularly provides dairy products and meat to a fast-food chain. In this scenario, Ecru Inc. is a _____ of the fast-food chain.

Bringwo is a computer brand whose computers are compatible with a variety of processors. Patfon, a manufacturer of computer processors, makes processors that are compatible only with Bringwo's computers and is therefore highly dependent on Bringwo. In the context of the specific environment, which of the following concepts does this scenario best illustrate?

_____ are defined as companies in the same industry that sell similar products or services to customers.

Potanta is a company that manufactures herbal soaps. Over the years, the availability of aloe vera pulp, which is the key ingredient of the company's best-selling aloe vera soaps, has reduced. As a result, the company has to slow down its production of aloe vera soaps, and this affects the company's income. In the context of changing environments, which of the following does this scenario best illustrate?

Herald Inc. has recently adopted the access card system to monitor employee movement within the company. This requires the employees to hold their identity cards against a RFID (radio-frequency identification) reader at each of the entry and exit doors for access. This process notes the time and date of entry and exit of a particular individual. The managers of the company have started enforcing the use of access cards among the employees. Which of the following concepts is illustrated in the scenario?

The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value of its currency and affected trade and business drastically. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

Organizational heroes are organizational people admired for their qualities and achievements within an organization.

Most of the managers and team members of Wilbesht, a pharmaceutical company, are under the age of 40. The structure of the company is informal and flexible. This scenario best illustrates Wilbesht's _____.