Create an account
set of global forces and conditions that operate beyond an organization's boundaries but affect a manager's ability to acquire and utilize resources
The set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization's ability to obtain inputs and dispose of its outputs because they influence managers on a daily basis.
the economic, technological, sociocultural, and political trends that indirectly affect all organizations
Companies that provide material, human, financial, and informational resources to other companies
The purchase of inputs from overseas suppliers or the production of inputs abroad to lower production costs and improve product quality or design.
people and organizations in the environment who purchase acquire goods or services from the organization
Organizations that produce goods and services simialr to a particular organizations goods and services.
Organizations that presently are not in a task environment but could enter if they so choose.
Barriers to Entry
Conditions that keep new businesses either from entering an industry or succeeding in that industry.
Economics of Scale
Reduction of long-run average costs resulting from an expansion in the scale of a firm's operations so that more of all inputs is being used.
the combination of tools, machines, computers, skills, information, and knowledge that managers use in the design, production, and distribution of goods and services.
Outcomes of changes in the technology that managers use to design, produce, or distribute goods and services.
Pressures emanating from the social structure of a country or society or from the national culture.
the people in a society considered as a system organized by a characteristic pattern of relationships
cultural experiences, beliefs, learned behavior patterns, and values shared by citizens of the same nation
Outcomes of changes in, or changing attitudes toward, the characteristics of a population, such as age, gender, ethnic origin, race, sexual orientation, and social class.
Political and legal forces
outcomes of changes in laws and regulations, such as the deregulation of industries, the privatization of organizations, and the increased emphasis on environmental protection.
The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world.
idea that if each country specializes in the production of the goods and services that it can produce most efficiently, this will make the best use of global resources
is a worldview that values dindividual freedom and self-expression and adherence to the principle that people should be judged by their individual achievements rather than by their social background.
is a worldview that values subordination of the individual to the goals of the group and adherence to the principle that people should be judged by their contribution to the group
The degree to which people accept inequality in power among institutions, organizations, and people
A worldview that values assertiveness, performance, success, and competition.
A worldview that values the quality of life, warm personal friendships, and services and care for the weak.
Please allow access to your computer’s microphone to use Voice Recording.
Having trouble? Click here for help.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!Reload
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Please upgrade Flash or install Chrome
to use Voice Recording.
For more help, see our troubleshooting page.
Your microphone is muted
For help fixing this issue, see this FAQ.
Star this term
You can study starred terms together