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MGMT 443 FINAL EXAM STUDY GUIDE

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MGMT 443 FINAL EXAM STUDY GUIDE

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MGMT 443 FINAL EXAM STUDY GUIDE

Task environment - Answers - Sectors that interact directly and have direct impact on
organizations ability to achieve goals

domain - Answers - chosen environment field of action that is the territory an
organization stakes out for itself with respect to products, services, and markets served.

differentiation - Answers - involved the specialization of functional departments to gain
depth in that functional knowledge

integration - Answers - involves greater horizontal coordination

complexity - Answers - refers to the number and dissimilarity of external elements that
affect an organization's operations

Dynamism - Answers - refers to whether the environment in which the organization
operates is stable or unstable

uncertainty - Answers - 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 - Answers - simple and unstable

High Uncertainty - Answers - Complex and unstable

Low uncertainty - Answers - simple and stable

low moderate uncertainty - Answers - complex and stable

Inter organizational relationships - Answers - 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 - Answers - a system formed by the interaction of a
community of organizations and their environment, cutting across traditional industry
lines.

resource dependence - Answers - to be successful, organizations must reduce
environmental uncertainty and dependence by building their autonomy and power over
others

collaborative networks - Answers - theory that for companies to be successful, they
must seek close interaction with others to share risks and create new opportunities

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