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Management Study Set 41
Quiz 3: Understanding the Organizations Environment
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Question 141
Short Answer
When Merck started receiving notice of lawsuits related to Vioxx, a condition of ____________________ was created within the organization.
Question 142
Short Answer
An effective organization understands, reacts to, and influences its ____________________.
Question 143
Short Answer
Michael, a human resource manager, is negotiating with the firm's union. He is dealing with an element of an organization's ____________________ environment.
Question 144
Short Answer
In Cranbury, New Jersey, the Volunteer Fire Department and the Cranbury Preservation and Historical Society both try to get financial donations from residences. They represent part of the ____________________ element of each other's task environment.
Question 145
Short Answer
Hiring and firing practices are complicated, often requiring review by an attorney. ____________________ in the area has been influenced by agencies and interest groups.
Question 146
Short Answer
Each day, Blackrock uses RSS feeds to send executives links to all major news articles involving the company. This is part of ____________________.
Question 147
Short Answer
Interest rates impact the ____________________ element of the firm's environment.
Question 148
Short Answer
Greenpeace draws attention to environmental activity around the world. They are a(n) ____________________ that has potential impact on organizations' operating policies and practices.
Question 149
Short Answer
Anyone who pays money to acquire an organization's ____________________ or ____________________ is called its customer.
Question 150
Short Answer
Individuals elected to a board of directors for a specific purpose are typically from ____________________ the company.
Question 151
Short Answer
An organization working together with one or more other organizations in a joint venture or similar arrangement is called a(n) ____________________.
Question 152
Short Answer
An organization that faces several competitors, regulatory agencies, and suppliers and is involved in several joint ventures would, according to Thompson, have a very ____________________ environment.