Organizations
Stakeholders
Domain
Transformation
Decision Making
100
Create value
What is the decision making model that says: manager defines problem, gets info, solves it
100
A person who has an interest, claim or stake in an organization
What is a stakeholder
100
Demographic, cultural and social forces
What three factors cause uncertainty?
100
Birth, growth, decline and death
What are the four life stages of an organization?
100
Rational Model
What is the simple decision making model that says:manager defines problem, gets information, solves it?
200
What is three ways to create value
What are input, conversion and output?
200
Shareholders, employees, managers
Who are inside stakeholders?
200
Complexity, dynamism, richness
What three factors cause uncertainty?
200
Liability of newness
What are the dangers associated with being the first in the market?
200
Bounded Rationality
What is the limited capacity of people to process info?
300
A tool used by people to coordinate their actions to obtain something they desire or value
What is an organization
300
Four examples of outside stakeholders
What are customers/suppliers/gov't/trade unions/local communities/general public
300
Two theories that attempt to answer the question: how do organizations manage their internal and external environments?
What are resource dependence theory and transaction cost theory?
300
r-Specialist
What is an organization that enters the environment early and pursues a narrow range of resources in a single niche?
300
Satisficing
What do managers do to limit info searches in to id problems and solutions?
400
Transaction Costs
The costs associated with negotiating, monitoring and governing exchanges.
400
Moral hazard
What is the agency problem when the principal finds it difficult to evaluate how will the agent is performing, and the agent has an incentive to pursue goals different that that of the principal.
400
Internal costs (as opposed to transaction costs of inter-organizational exchanges)
What are Bureaucratic costs?
400
Population ecology theory.
What is the theory that explains the factors that affect the rate at which new organizations are born and die in a population of existing organizations?
400
An extreme view of unstructured process in decision-making.
What is the Garbage Can Model?
500
An event that might occur and must be planned for
What is a contingency?
500
Three ethics models
What are Utilitarian, Justice and Moral Rights models?
500
Cartels, strategic alliances and mergers
What are competitive inter-organizational linkage mechanisms?
500
3 ways in which organizations are similar within a population.
What are coercive, mimetic and normative isomorphism?
500
Three kinds of cognitive biases.
What are illusion of control/frequency/representativeness/projection/ego defensiveness/escalation of commitment?