Exam 3: Organizing in a Changing Global Environment

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A ________ is a secret agreement among competitors to share information for a deceitful or illegal purpose.

(Multiple Choice)
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Interdependencies are symbiotic when the outputs of one organization are inputs for another.

(True/False)
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Which of the following is most likely to increase environmental uncertainty?

(Multiple Choice)
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Third-party linkage mechanisms tend to increase the complexity of the environment and thus reduce its richness.

(True/False)
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Symbiotic and competitive interdependencies exist in the specific environment.

(True/False)
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________ are a part of an organization's specific environment.

(Multiple Choice)
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Global supply chain management is the process of coordinating the flow of raw materials, components, semifinished goods, and finished products around the world.

(True/False)
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By decreasing the number of suppliers, an organization can reduce the complexity of its environment.

(True/False)
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The Japanese system of keiretsu is a type of ________.

(Multiple Choice)
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The forces that constitute the specific environment shape the general environment and affect the ability of all organizations in a particular environment to obtain resources.

(True/False)
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Formal linkage mechanisms minimize the transaction costs associated with reducing uncertainty, opportunism, and risk.

(True/False)
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Environmental complexity is a function of the strength, number, and interconnectedness of the specific and general forces that an organization has to manage.

(True/False)
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Which of the following strategies of managing competitive resource interdependencies involves a regulatory body that allows organizations to share information and regulate the way they compete?

(Multiple Choice)
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The keiretsu system is a form of minority ownership.

(True/False)
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Shareholders are a part of an organization's specific environment.

(True/False)
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The specific environment consists of forces from ________.

(Multiple Choice)
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One way to reduce uncertainty is to increase the number of specific and general environmental forces that are interconnected. Because, when forces begin to interact, the environment becomes more predictable.

(True/False)
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A collusion is an agreement that commits two or more companies to share their resources to develop joint new business opportunities.

(True/False)
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A trade organization is an example of a ________.

(Multiple Choice)
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As a company begins to produce a wider variety of products for different groups of customers, its environmental complexity goes on decreasing.

(True/False)
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