MGMT 443 Final Exam Questions with Verified Answers
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Course
Mgmt
Institution
Mgmt
Task environment - Answer-Sectors that interact directly and have direct impact on organizations ability to achieve goals
domain - Answer-chosen environment field of action that is the territory an organization stakes out for itself with respect to products, services, and markets served.
diff...
MGMT 443 Final Exam Questions with
Verified Answers
Task environment - Answer-Sectors that interact directly and have direct impact on
organizations ability to achieve goals
domain - Answer-chosen environment field of action that is the territory an organization
stakes out for itself with respect to products, services, and markets served.
differentiation - Answer-involved the specialization of functional departments to gain
depth in that functional knowledge
complexity - Answer-refers to the number and dissimilarity of external elements that
affect an organization's operations
Dynamism - Answer-refers to whether the environment in which the organization
operates is stable or unstable
uncertainty - Answer-condition that exists when decision makers do not have sufficient
information about environmental factors and have a difficult time predicting external
changes
High Moderate uncertainty - Answer-simple and unstable
High Uncertainty - Answer-Complex and unstable
Low uncertainty - Answer-simple and stable
low moderate uncertainty - Answer-complex and stable
Inter organizational relationships - Answer-relatively enduring resource transactions,
flows and linkages that occur among two or more organizations These transactions and
relationships are necessary "Evil" to obtain what an organization needs.
organization's ecosystem - Answer-a system formed by the interaction of a community
of organizations and their environment, cutting across traditional industry lines.
resource dependence - Answer-to be successful, organizations must reduce
environmental uncertainty and dependence by building their autonomy and power over
others
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