An Organization That Faces Several Competitors,regulatory Agencies,and Suppliers and Is

question 127

Short Answer

An organization that faces several competitors,regulatory agencies,and suppliers and is involved in several joint ventures would,according to Thompson,have a very ____________________ environment.

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Definitions:

Power Distance

A cultural dimension that describes the extent to which less powerful members within a society accept and expect power to be distributed unequally.

Decisions

The conclusion or resolution reached after consideration.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty.

Entrepreneurship

The process of designing, launching, and running a new business or venture.