Exam 2: The Management Environment

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The cell phone industry faces a stable business environment.

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In a short essay, describe a real or fictional company that exists in Cell 1 of the environmental uncertainty matrix.

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Acme Widgets produces widgets in an industry that is established and stable.There have been very few technological innovations in the widget business recently.The same three widget companies have been making the same widgets using the same manufacturing process for decades.Acme also has little complexity to deal with.Acme has only two suppliers and two competitors.It does not need to deal with complicated government rules or regulations.

The Daily Recorder is considering charging online readers a flat fee for access to the news on their computers and electronic devices.Which stakeholder should the paper NOT worry about informing?

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Which kind of organizational culture do the following values describe? 1.Don't be lazy or sloppy. 2)It's better to try a good idea and fail then to stick with a bad idea. 3)When you think your product is perfect, go back and try to make it better.

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Which of the following nations is likely to experience the greatest population increase in the years to come?

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Marta is worried that the facilities at Linden State are not as up-to-date as they could be with respect to wi-fi access and the availability of classes on-demand using podcasts, social networking, and other digital advances.Which generation is likely to notice this deficiency the most?

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Which kind of company would you expect to pay its CEO the most?

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An industry with a dynamic business environment that is also highly complex faces the maximum amount of environmental uncertainty.

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Which kind of company has the lowest amount of environmental uncertainty in the environmental uncertainty matrix?

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High interest rates have been identified as a major cause of the economic meltdown that began in 2008.

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In a short essay, describe an example in which the global component of an organization's external environment has a large impact on the organization itself.

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The Daily Recorder is trying to decide whether it will fire about 200 employees if things don't change in the near future.The paper is scheduling a meeting with the 200 employees.The employees want to include their own family members at the meeting.How should the paper respond?

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In a short essay, described what caused the economic downturn of 2008.

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Marta is a dean at Linden State University, a school with almost 20,000 students.In her daily activities, she has to deal with problems that involve students, faculty, curriculum, budgets, and a variety of other things.Marta sees an opportunity for her school in increasing the enrollment in individuals who were born in the 1980s and early 1990s.Which term describes these prospective students?

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How does the Apache Corp.communicate its attitude toward risk taking to its employees?

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Which of the following is NOT a common way in which corporate cultures are transmitted to employees?

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Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers.Theodore has just read an article that describes the explosion of computer games among young people in India using cell phones and simple computers.This generation in India has well over 300 million people in it, and if TJ Soft can capture just a tiny portion of that market it will be highly successful.Which component of the external environment will affect TJ Soft the most in this situation?

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Why were the Baby Boomers so much more influential than other generations with respect to changing American tastes and culture?

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The symbolic view of management holds that an organization's performance is based solely on the decisions of managers.

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Marta has turned her attention to cultivating undergraduate students in the near future-three to five years from now.On which generation should she focus her attention?

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