Week 2 DB

Week 2 DB - Week 2 1 What are the major sources of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Week 2 1. What are the major sources of uncertainty in an environment? Discuss how these sources of uncertainty affect a small biotechnology company and a large carmaker. The major sources of uncertainty are richness, dynamism and complexity. The environmental complexity affects a small biotechnological company because of the small amount of people involved. With so few numbers completion is not high. Environmental dynamism affects it in ways as the world outside changes. When technology changes and regulations change they need to adapt. A company such as this is rich in its amount of scientists. The ways that these affect a larger carmaker company are different ways than a smaller company. They have a large amount of suppliers, customers and stakeholders. The outside environment tends to be more stable in this area so resources are more readily available. The economy can reduce demand which can offset profits though and hurts the competition. 2. According to resource dependence theory, what motivates organizations to form
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/01/2011 for the course MGT 4471 taught by Professor Miller during the Fall '11 term at Troy.

Page1 / 2

Week 2 DB - Week 2 1 What are the major sources of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online