Exam 2: The External and Internal Environments

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When a brand advertises its products as being superior to that of its competitors, it is demonstrating _____.

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An outcome of environmental scanning is _____, which is the information necessary to decide how best to manage in a given competitive environment.

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The process of sharing power with employees is called _____.

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Methods for adapting the technical core to changes in the environment are known as _____.

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Explain how sustainability and natural environment affect the management of an organization.

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_____ are measures of various characteristics of the people who make up groups or other social units.

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What are the clues to understanding an organization's culture? List the characteristics of a strong culture.

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_____ strategies are used by an organization acting on its own to change some aspect of its current environment.

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Giving consumers what they want or need, the way they want it, the first time is known as _____.

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Organizations are open systems that affect and are affected by their external environments.

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Advances in 3-D printing have made it easier and faster for architects to create models of proposed building designs to help clients make more informed decisions. These advances are an example of changes in the _____ environment.

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A firm's _____ includes its rivals, suppliers, customers, new entrants, substitutes, and complementary products.

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If many factors prevent new companies from entering an industry, the

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According to the competing values model, if an organization's culture is competitive and goal oriented, its leaders are results oriented, and the focus is on achievement and winning, it could be best described as a(n) _____ culture.

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The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the _____.

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The information Lupe is using to compete in a better way is called _____.

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A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the _____.

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Explain two general types of proactive responses that managers and organizations can take to change the environment.

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Organizations are _____ systems, which means that they are affected by and in turn affect their external environments.

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Fashion Forward Accessories recently announced that it was selling off its scarf division in order to realign itself more competitively in the marketing of its other products, particularly its purse and belt divisions. Which of the following strategic maneuvers is illustrated in this scenario?

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