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act 353 study guide

act 353 study guide

Description

School: Purdue University NorthWest
Department: Business
Course: Organization and Environment
Professor: Richard panton
Term: Fall 2016
Tags: study, Guide., Huber, and chapter1-3
Cost: 50
Name: BUSM 353
Description: This a detailed study guide for exam 2 of Prof. Panton's Busm 353 class.
Uploaded: 11/06/2016
4 Pages 136 Views 0 Unlocks
Reviews



Why is the environment changing faster?




" What is flawed about the idea?




In order for a manager to create an organization that can survive in the future, they must “predict” what?



EXAM 2 REVIEW HUBER CH 1-3 HUBER CHAPTER ONE Huber starts by telling us the manager’s goal. What is that goal? In order for a manager to create an organization that can survive in the future, they must “predict” what? Huber states " managers are like light bulbs and are completely inWe also discuss several other topics like if you subscribe to paul baltes' perspective of life-span development, which of the following statements would you not agree with?
Don't forget about the age old question of fat digesting enzyme inhibited by orlistat
Don't forget about the age old question of surplus is the difference between the actual price a seller receives
Don't forget about the age old question of How does the RNA polymerase know strand be use?
Don't forget about the age old question of rels 1000 study guide
We also discuss several other topics like what is pigment mixed with in encaustic painting? a. hot wax b. egg yolk c. water
terchangeable." What  is flawed about the idea? Do the actions of exemplary organizations/ managers cause their success? Why is the environment changing faster? How would change affect a CEO who has held that position for a long time? Can we extrapolate from the past through the present into the future? As the environment changes, organizations must adapt in order to maintain their  _______________? True or False: Those who are not adapting/changing don’t survive? What is perfect congruence? True or False: Organizations will alwaysLAG the environment. True or False: New organizations have the benefit of NO history. How do managers, observe, interpret, plan and act? What is the difference between cause and effect? HUBER CHAPTER TWO The current era of environmental turbulence is (choose the answers that apply): a.) a transition between stable eras. b.) The new stability c.) The tip of the iceberg When does stability occur? Why are we facing a “New Environment?” To predict the future environment requires? To successfully use trending what must we do? ( Hint: there are 4 key things)True or False: The growth in communications capability makes all new knowledge more available.  In chapter 2 of Huber we learn about mental blocks keeping leaders and their  organizations from accurately predicting their futures. What would be a major reason  these individuals are unable to over come mental blocks? Will communication technology continue to expand? True or False: Historically, new technology came from the users, not from pure science. True or False: The only clear vision we have is of the past? Why is relying on experience and observation limiting? What are the attributes of complexity? If future environments will be more complex how will the attributes change? Are the numbers of entities (customers, suppliers, competitors etc.) growing or  declining?  True or False: As more diverse demands are placed on the firm, we will sharpen our  focus onto the essential core activities?  As demands become more diverse and focuses are sharpen what activities will be  outsourced? We know that outsourcing increases what two things? True or False: As variety and density grow, organizations will need more and better  sensors. With more and better sensors we can anticipate what? (Hint there are two factors.) How can a firm reduce complexity?  True or False: Narrower focus increases outsourcing or non-essentials, which adds more complexity. Some organizations will claim to see little evidence of change because they operate in?  (Hint Micro-) HUBER CHATPER THREE To avoid becoming a failure statistic organizations must do what to their environment? True or False: Huber tells us that sensing, interpretation and decision making will all  increase in the future. An increasingly important basis for competition is __________________ ?True or False: The nature of threats and opportunities is changing, so the sensing  techniques will have to change also. A risk of pulling in more information, from more sources, at an ever-increasing pace is  information overload. What are the affects of overload? Evidence suggests that ____________ sensing leads to superior performance. True or False: When environments are stable, intelligence gathering is not critical to  short term survival. True or False: Since environments are becoming more turbulent and dynamic,  intelligence is more critical to short term survival. Critical internal processes must be managed in the areas of sensing and interpretation.  So should we staff them or outsource them? Incomplete and/or late intelligence result in _______________and ___________________? What kind of environment is the future? What helps reduce employee turnover? Why is probing useful?  How do we probe? True or False: Financial data are always LAGGING indicators. Leading indicators help us to predict what? Why do CEOs in time lose touch with the environment? NOT sensing, probing and interpreting is referred to as _____________________? After monitoring, sensing, and probing, what is the next step? Will the future Environment affect interpretation? Why don’t novel events fit into our mental models? True or False: Human nature will try to “fit” events into something our existing models  can process. As more data comes at us faster, the quality of the interpretations will suffer and more of us will experience information overload, until we change our __________________ for  interpretation. What can be done to improve interpretation and timeliness? How do we expose the mental models?Why would we interpret wrong? True or False: Success is more likely to come to the modeler with the open mind. To survive in the future firms will have to?

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