Term
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Definition
| ALL EVENTS OUTSIDE A COMPANY THAT HAVE THE POTENTIAL TO INFLUENCE OR AFFECT IT. |
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Term
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Definition
| THE RATE AT WHICH A COMPANY'S GENERAL AND SPECIFIC ENVIRONMENTS CHANGE |
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Term
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Definition
| AN ENVIRONMENT IN WHICH THE RATE OF CHANGE IS SLOW |
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Term
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Definition
| AN ENVIRONMENT IN WHICH THE RATE OF CHANGE IS FAST |
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Term
| PUNCTUATED EQUILIBRIUM THEORY |
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Definition
| THE THEORY THAT COMPANIES GO THROUGH LONG PERIODS OF STABILITY (EQUILIBRIUM), FOLLOWED BY SHORT PERIODS OF DYNAMIC, FUNDAMENTAL CHANGE (REVOLUTIONARY PERIODS), AND THEN A NEW EQUILIBRIUM |
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Term
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Definition
| THE NUMBER AND THE INTENSITY OF EXTERNAL FACTORS IN THE ENVIRONMENT THAT AFFECT ORGANIZATIONS |
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Term
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Definition
| AN ENVIRONMENT WITH FEW ENVIRONMENTAL FACTORS |
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Term
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Definition
| AN ENVIRONMENT WITH MANY ENVIRONMENTAL FACTORS |
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Term
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Definition
| THE ABUNDANCE OR SHORTAGE OF CRITICAL ORGANIZATIONAL RESOURCES IN AN ORGANIZATION'S EXTERNAL ENVIRONMENT |
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Term
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Definition
| EXTENT TO WHICH MANGERS CAN UNDERSTAND OR PREDICT WHICH ENVIRONMENTAL CHANGES AND TRENDS WILL AFFECT THEIR BUSINESS |
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Term
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Definition
| THE ECONOMIC, TECHNOLOGICAL, SOCIOCULTURAL, AND POLITICAL/LEGAL TRENDS THAT INDIRECTLY AFFECT ALL ORGANIZATIONS |
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Term
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Definition
| THE CUSTOMERS, COMPETITORS, SUPPLIERS, INDUSTRY REGULATIONS, AND ADVOCACY GROUPS THAT ARE UNIQUE TO AN INDUSTRY AND DIRECTLY AFFECT HOW THE COMPANY DOES BUSINESS |
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Term
| BUSINESS CONFIDENCE INDICES |
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Definition
| INDICIES THAT SHOW MANAGERS' LEVEL OF CONFIDENCE ABOUT FUTURE BUSINESS GROWTH |
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Term
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Definition
| THE KNOWLEDGE, TOOLS, AND TECHNIQUES, USED TO TRANSFROM INPUTS INTO OUTPUTS |
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Term
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Definition
| COMPANIES IN THE SAME INDUSTRY THAT SELL SIMILAR PRODUCTS OR SERVICES TO CUSTOMERS |
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Term
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Definition
| A PROCESS FOR MONITORING THE COMPETITION THAT INVOLVES IDENTIFYING COMPETITION, ANTICIPATING THEIR MOVES, AND DETERMINING THEIR WEAKNESSES AND STRENGTHS |
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