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Chapter 6 MGMT

Questions

QuestionAnswer
Task Environment Set of forces and conditions that originate with suppliers, distributors, customers, and competitors,Affects an organization’s ability to obtain inputs and dispose of its outputs Most immediate and direct effect on managers
Global Organizations Organizations that operate and compete not only domestically, but also globally
Suppliers Individuals and organizations that provide an organization with the input resources that it needs to produce goods and services Raw materials, component parts, labor (employees)
Global Outsourcing Organizations purchase inputs from other companies or produce inputs themselves throughout the world to lower production costs and improve the quality or design of their products
Distributors Organizations that help other organizations sell their goods or services to customers
Customers Individuals and groups that buy goods and services that an organization produces
Economic Forces factors that affect the general health and well-being of a country or world region Interest rates, inflation, unemployment, economic growth
Technology Combination of tools, machines, computers, skills, information, and knowledge that managers use in the design, production, and distribution of goods and services
Barriers to Entry Factors that make it difficult and costly for the organization to enter a particular task environment or industry Economies of scale, brand loyalty, government regulations
Technological Forces Outcomes of changes in the technology that managers use to design, produce, or distribute goods and services
Sociocultural Forces Pressures emanating from the social structure of a country or society or from the national culture
Social structure: the arrangement of relationships between individuals and groups in society
Demographic Forces Outcomes of change in, or changing attitudes toward, the characteristics of a population, such as age, gender, ethnic origin, race, sexual orientation, and social class
Created by: allinnow
 

 



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