BU398 Chapter Notes - Chapter 4: Interlocking Directorate, High Tech, Business Intelligence
Document Summary
Organizational environment: all elements that exist outside the boundary of the organization with potential to affect it. Domain: chosen field of action, territory the organization stakes out for itself, defines those external sectors with which the organization will interact to accomplish its goals. Sector: (subdivision) of the external environment that contain similar industry raw materials elements. Sections with which the organization interacts directly and that have a direct impact on the organization"s ability to achieve it"s goals. Industry, raw materials, market sectors, human resources, international sectors. Sectors that might not have a direct impact on the daily operations of a film but will indirectly influence it. Government, sociocultural, economic conditions, technology, financial resources. Uncertainty: decision makers do not have sufficient information about environmental factors, and they have a difficult time predicting external changes. Deals with environmental complexity, which refers to heterogeneity, or the number and dissimilarity of external elements relevant to an organization"s operations.
