Information technology plays a critical role in helping organizations: |
perceive environmental change.!!!!! |
All organizations become very efficient over time because individuals in the firm develop: |
routines for producing goods and services.!!!!! |
The set of fundamental assumptions about what products the organization should produce, how and where it should produce them, and for whom they should be produced is |
organizational culture.!!!!!! |
The transaction cost theory states that the organization is a(n): |
entity that grows larger because it can conduct marketplace transactions internally more cheaply than it can with external firms in the marketplace.!!!! |
In postindustrial societies, authority increasingly relied on: |
knowledge and competence.!!!!!! |
This individual is credited with the development of the five forces competitive model: |
Michael Porter.!!!!!!!!! |