1. The act of working with and through a group of people to accomplish a desired goal or objective in an efficient and effective maner
  2. The ability to drive change and innovation through inspiration and motivation
  3. A clear differentiation of tasks and responsibilities among individuals; coordination through a strict hierarchy of authority and decision rights; standardized rules and procedure; etc
    Bureaucratic organization structure
  4. A focus on how jobs, work, and incentive schemes could be designed to improve productivity using industrial engineering methods
    Scientific Management
  5. The belief that organizations must be understood as systems of interdependent human beings who share a common interest in survival and effective functioning of the firm
    Human relations movement
  6. A view of the firm where effective organizational structure is based on fit or alignment between the organizations and various aspects in its environment
    Contingent View
  7. The combination of all contextual forces and elements in the external and internal environment of a firm
    Business environment
  8. A business framework where the firm is seen as a mechanism for converting raw materials into products to sell to customers
    Managerial View
  9. A business framework where the job of top managers is to produce the highest possible stock market valuation of the firm's assets
    Shareholder view
  10. A business framework that attempts to organize and analyze multiple groups that interact with the firm
    Stakholder view
  11. The process by which senior leaders of a corporation meet with business unit managers to review progress toward specific goals
    Strategic review process
  12. A tool that managers use to scan the business horizon for key events and trends that will affect the business in the future
    Environmental Scanning
  13. Forecasting the likely result that might occur when several events and stakeholders are linked together
    Scenario building
  14. The systematic assessment of the external environment to prepare for a possible range of alternative futures for the organization
    Contingency planning
  15. A tool where key variables are monitored and modeled to help predict a change that might occur in the environment
    Trend analysis
  16. The ability to understand the impact of environmental factors on a firm and the ability to understand how to influence those same factors
    Contextual intelligence
  17. The integration and interdependence of economic, technological, sociocultural, and political systems across diverse geographic regions
  18. An economic theory that proclaims countries should specialize in producing goods for which they have the lowest opportunity cost of production
    Comparitive advantage
  19. Represents all of the external forces that affect the firm's business
    External environment
  20. Includes the technological economic, political and legal, and sociocultural dimensions that affect a firm's external enironment
    General environment
  21. Includes entities that directly affect a firm on a constant basis and include competitors, suppliers, and customers
    Task environment
  22. The processes, technologies, or systems that a firm can use to produce outputs
    Technological dimension
  23. The general economic environment
    Economic dimension
  24. Refers to the political events and activities in a market that affect a firm
    Political dimension
  25. The regulations and laws that a firm encounters in its markets
    Legal dimension
  26. Demographic characteristics as well as the values and customs of a society
    Sociocultural dimension
  27. The deeply rooted system of principles that guide individuals in their everyday choices and interactions
    Social Values
  28. Any organization that creates goods or services targeted at a similar group of customers
  29. A company that provides resources or services for a firm to help in its creation of products and services
  30. The people or organizations that buy a firm's products and services
  31. A group of parties or factors that directly impact a firm, including owners, the board of directors, employees, and culture
    Internal environment
  32. The people or institutions that maintain legal control of an organization
Card Set