Read the summary and the most important questions on Organizational theory design and change | 9780273765608 | Gareth R. Jones

• 1 Organization and Its Environment

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• 1.1 What Is an Organization?

• How do you call a tool people use to coordinate their actions to obtain something they desire or value?

  Organization

• How do you call the process by which people recognize opportunities to satisfy needs and then gather and use resources to meet those needs?

  Entrepreneurship

• 1.1.1 How Does an Organization Create Value?

• How do you call the set of forces and conditions that operate beyond an organization's boundaries but affect its ability to acquire and use resources to create value?

  The organizational environment

• What are the steps of the cycle of how an organization creates value?

  1. Organization's inputs
  2. Organization's conversion process
  3. Organization's Outputs
  4. Organization's Environment
     

• 1.2 Why do organizations Exist?

• What are the five reasons of why organisations exist?

  1. Increase specialization and the division of labor.
  2. Use large-scale technology
  3. Manage the external environment
  4. Economize on transaction costs
  5. Exert power and control
     

• 1.2.2 To Use Large-Scale Technology

• How do you call the cost savings that result when goods and services are produced in large volume on automated production lines?

  Economies of scale

• How are cost savings called that result when an organization is able to use underutilized resources more effectively because they can be shared across different products or tasks?

  Economies of scope

• 1.2.4 To Economize on Transaction Costs

• How do you call the costs associated with negotiating, monitoring, and governing exchanges between people?

  Transaction costs

• 1.3.5 Dealing with Contingenzies

• How do you call an event that might occur and must be planned for?

  Contingency

• 1.3.6 Gaining Competitive Advantage

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• How do you call the ability of one company to outperform another because its managers are able to create more value from the resources at their disposal?

  Competitive advantage