**What is the organization and environment relationship?(social)
Organizations are open systems influenced by external environments. They must respond and adapt to changes to survive and succeed.
What is environmental uncertainty?
The degree of change and complexity in an organization’s external environment that makes it hard to predict future events.
What are some ways organizations adjust to the environment?
Through business intelligence, social media analytics, and big data analytics to make informed decisions and stay competitive.
What is business intelligence?
The use of tools and techniques to gather and analyze data for better decision-making and responsiveness to the environment.
What is social media analytics?
The process of collecting and analyzing data from social platforms to understand customer behavior and trends.
What is big data analytics?
Analyzing large and complex datasets to uncover hidden patterns, trends, and insights that support strategic decisions.
What is culture in an organization?
The shared values, beliefs, norms, and behaviors that guide how employees interact and work.
What are the levels of corporate culture? flag
(Visible:) Artifacts like dress, office layout, symbols.
(Invisible) Expressed Values: Core beliefs and values.
Invisible Underlying Assumptions: Deep, unconscious beliefs.
What are symbols in shaping culture?
Objects or visuals that convey meaning and represent organizational values.
What are stories in shaping culture?
Narratives shared within the organization that highlight values, traditions, or notable events.
Who are heroes in organizational culture(shared belief/values)?
People (past or present) admired for embodying the company’s values.
What are slogans in corporate culture?(da da da im loving it)
Short, catchy phrases that express the core values or mission of the organization.
What are ceremonies in corporate culture?
Planned events or rituals that reinforce company values and **celebrate achievements. com vailes **
What is an adaptability culture?
Focuses on flexibility, innovation, and responding quickly to changes in the environment.(culture)
What is an achievement culture?(lvl up)
Values competitiveness, personal initiative, and achievement of measurable goals.
What is an involvement culture?
Emphasizes employee participation, teamwork, and commitment.
What is a consistency culture?
Focuses on internal stability, order, and following established procedures. every day way of doing things
What are the two dimensions the four types of culture are based on?
Flexibility vs. Stability
Internal Focus vs. External Focus
What is cultural leadership?(raven)
The practice of shaping, communicating, and reinforcing an organization’s culture through leadership behaviors and actions.
Who is Thomas J. Watson Sr.?
Founder of IBM; known for creating a strong corporate culture focused on respect, service, and innovation.
What is globalization?(k pop)
The process by which businesses or organizations develop international influence or operate on a global scale.
What are the 3 dimensions of a global mindset?
Cognitive: Understanding global business and cultural differences.
Psychological: Openness to new ideas and cultural experiences.
Social: Building relationships across cultures and networks.
How do managers expand globally?
Through exporting, outsourcing, partnerships, foreign direct investment, and setting up international subsidiaries.
What is a Multinational Corporation (MNC)(25%)?
A company that receives more than 25% of its total sales revenue from operations outside its home country.
