Exam Vocab Review #2

Managing of the network of facilities & people that obtain materials from outside the org

An entrepreneurial alliance between a franchisor and a franchisee.

Groups/individuals who affect/are affected by the success of theorg’s mission/goals/strategies

Formal systems for the management of people within an organization.

Special efforts to recruit/hire members of groups that have been discriminated against

Reward a worker derives directly from performing the job itself.

Set of important assumptions about the org & its goals & practices that the company shares

The moral principles and standards that guide behavior in the world of business.

The assignment of new or additional responsibilities to a subordinate.

General environment; includes gov'ts, economic conditions, & other factors that affect all orgs

Information shared among people on the same hierarchical level.

A business having fewer than 100 employees, independently owned and operated

The process of withholding, ignoring, or distorting information.

Individual who establishes a new organization without the benefit of corporate sponsorship.

Comparison of strengths, weaknesses, opportunities, & threats that aids in formulating strategy

The assignment of different tasks to different people or groups.

A unique skill &/or knowledge an organization possesses that gives it an edge over competitors

Autonomous work groups in which workers are trained to do all or most of the jobs in a unit

Org in which high-level executives make most decisions & pass them down to lower-levels

Form of leadership where the leader makes decisions & then announces those decisions to all

Obligation toward society assumed by business.

An organization that values cultural diversity and seeks to utilize and encourage it.

The skills of understanding yourself, managing yourself, and dealing effectively with others.

Measures of various characteristics of the people who make up groups or other social units.

A small number of people with complementary skills who are committed to a common purpose.