Management
This management function is illustrated when a school administrator schedules classes, assigns rooms, and determines who teaches each subject
What is organizing
A tool that looks at a company's strengths, weaknesses, and opportunities
What is a SWOT analysis
A solar‑charging electric car represents a development in this component of the general environment.
What is technological environment
What is creativity
Is a direct tax on imported goods
What is a tariff
According to Fayol, each employee should report to only one boss
What is unity of command
Uses the same recipes menu and policies in all its branches throughout the world
What is global consistency
A manufacturer halts production due to a shortage of copper scrap
What is resource scarcity
This describes the shared benefits, attitudes and values within a company
What is organizational culture
It can reduce costs by locating unique organizational resources closer to customes
What is geographical departmentalization
Providing customers exactly what they want through strong service teams reflects this organizational goal
What is organizational effectiveness
Managers study a competitor's strengths, weaknesses and strategies.
What is competitive analysis
A government uses trade barriers to shield domestic companies from foreign competition
What is protectionism
Policies affecting foreign companies create this type of risk
What is policy uncertainty
Employees feel empowered, trusted, and share common goals
What is organizational culture
A competitive advantage becomes sustainable when competitors cannot duplicate the value a firm provides
What is sustainable competitive advantage
This type of uncertainty involves social unrest, policy changes, and instability
What is political uncertainty
A company's employees are committed, empowered, and aligned with goals
What is organizational commitment
The Hawthorne studies showed that work performance is affected by this
What is group dynamics
The risk associated with changes in governmental policies
What is political uncertainty
A phase in which companies innovate by lowering the cost of improving the function and performance of the dominant design. This is what Apple does with their iPhones
What is incremental change
This describes a formal system of tasks and reporting relationships
What is organizational structure