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IE 4302 - Ch 03
Dr. Loomis' Mgmt for IE
40
Engineering
Undergraduate 3
02/07/2011

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Term
internal environment (def.)
Definition
the factors within an enterprise (such as employees, structure, policies, and rewards) that influence how work is done and how goals are accomplished
Term
culture (def.)
Definition
a system of behavior, rituals, and shared meaning held by employees that distinguishes the group of organization from other similar units
Term
dominant culture (def.)
Definition
an organization's core values that are shared by the majority of employees
Term
values (def.)
Definition
convictions that a specific mode of conduct is personally or socially preferable to another mode of conduct
Term
9 values important to employees (list)
Definition
1) recognition for competence, 2) respect and dignity, 3) personal choice and freedom, 4) involvement, 5) pride in one's work, 6) lifestyle quality, 7) financial security, 8) self-development, 9) health and wellness
Term
external environment (def.)
Definition
all factors such as laws, competition, technology, social-cultural norms and trends, and ecology that may affect the organization directly or indirectly
Term
environmental analysis (def.)
Definition
the monitoring of external environmental forces to determine the firm's opportunities and threats
Term
environmental diagnosis (def.)
Definition
the process of making managerial and strategic decisions by assessing and interpreting data collected in the environmental analysis
Term
external environmental factors (list categories)
Definition
Social-cultural, Economic, Technological, Political-legal, Ecological
Term
external environmental factors (list social-cultural)
Definition
Lifestyle changes, Life expectancies, Birth rate, Population growth rate (immigration included), Family arrangements, Consumer activism, Shifts in population, Ethical behavior, Changing women's roles
Term
external environmental factors (list economic)
Definition
Interest rates, Deficit, GDP, Unemployment levels, Energy sources/costs, Inflation rates, Money supply
Term
external environmental factors (list technological)
Definition
New products, Patent laws, Productivity measurement and growth, Industry R&D, Federal support of R&D, Robotics, Computer technology
Term
external environmental factors (list Political-Legal)
Definition
Antitrust laws, Product liability laws, Tax laws, Import/Export trade, Trade regulations, Investment tax credits, Corporate responsibility
Term
external environmental factors (list Ecological)
Definition
Environmental protection, Waste management, Public image in terms of environmental responsibility, Product safety, Packaging procedures
Term
managing diversity (steps, list)
Definition
1) Identify specific program objectives and goals
2) Establish a program to meet these objectives
3) Evaluate institutional cultural practices by conducting attitudinal surveys of employees
4) Develop realistic expectations
Term
basic skills employers want in employees (list)
Definition
1) an aptitude for learning, 2) competence (reading, writing, and computation), 3) communication, 4) personal management, 5) adaptability, 6) group effectiveness, 7) influence
Term
competence (def.)
Definition
refers to the basic skills of reading, writing, and math
Term
communication (def.)
Definition
speaking and listening skills
Term
personal management (def.)
Definition
person's self-esteem and self-motivation
Term
adaptability (def.)
Definition
creative thinking and problem-solving skills
Term
group effectiveness (def.)
Definition
interpersonal and team skills
Term
influence (def.)
Definition
leadership skills, how to be an effective leader who can influence others
Term
GNP (def.)
Definition
gross national product - the market value of an economy's final goods and services produced over a one-year period
Term
GDP (def.)
Definition
gross domestic product - the measure of output attributable to all factors of production (labor and property) physically located within a country
Term
productivity (def.)
Definition
an estimate of output per labor-hour worked
Term
GATT (def.)
Definition
General Agreement on Tariffs and Trade - an agreement setting rules of conduct for fair and equitable international trade. social responsibility
Term
technology (def.)
Definition
the accumulated competence to provide goods and services for people
Term
technological innovation (def.)
Definition
all those activities translating technical knowledge into a physical reality that can be used in a societal scale
Term
ecology (def.)
Definition
the branch of natural science devoted to the relationship between living things and their environment
Term
social responsibility (def.)
Definition
a firm's practices with other parties such as customers, competitors, the government, employees, suppliers, and creditors
Term
social responsibility as social obligation (def.)
Definition
view that a corporation engages in socially responsible behavior when it pursues profit only within the constraints of law.
Term
social responsibility as social reaction (def.)
Definition
view that behavior that is in reaction to "currently prevailing social norms, values, and performance expectations"; view emphasizes that society is entitled to more than the mere provision of goods and services; business must be accountable for the ecological, environmental, and social costs incurred by its actions
Term
social responsibility as social responsiveness (def.)
Definition
view that behaviors are anticipatory and preventive, rather than reactive and restorative; referring to actions that exceed social obligation and social reaction
Term
deontology (def.)
Definition
an approach to ethics that assumes certain ethical ideals are universal; that is, they apply in all situations regardless of the consequences
Term
utilitarian ethics (def.)
Definition
an approach to ethics that assumes that ethical judgements depend upon the consequences of an action. A familiar utilitarian measure is that an action is good if it results in the greatest good for the greatest number.
Term
utilitarianism (def.)
Definition
"the greatest good for the greatest number"
Term
virtue ethics
Definition
an approach to ethics that assumes professional norms to be the measure of ethical status. If an act is appropriate within professional norms, it is considered to be ethically good or right.
Term
deontological principle (def.)
Definition
act in such a way that the action taken under the circumstances could be a universal law or rule of behavior
Term
utilitarian principle (def.)
Definition
act in a way that results in the greatest good for the greatest number
Term
virtue ethics (def.)
Definition
take on actions that would be viewed as proper by a disinterested panel of professional colleagues
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