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Essay about FINAL EXAM #06044100

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FINAL EXAM#06044100 PENN FOSTER STUDENT ID# 21877046 What’s required to implement an organization commitment to social responsibility? What are the main obstacles to implementing socially responsible policies? Name specific actions that can be taken toward increased social responsibility. In order to implement an organizations commitment to social responsibility it is necessary to identify values held by society, how the organization intends to address, and then develop training programs and policies on what the organization plans to do to successfully fulfill its obligation. Also, clarifying how the policies relate to the organizations strategies, individual functions and goals. The main obstacles an …show more content…

An example of product departmentalization would be a large multiproduct organization like a pharmaceutical distributor. Geographic departmentalization is when organizations are physically isolated to geographical regions. An example of geographical departmentalization is a manufacturing company that has locations in Eastern and Western locations that deal with consumers within their region. FINAL EXAM#06044100 PENN FOSTER STUDENT ID# 21877046 Consumer departmentalization is based on division by customers served. A common example is an organization that has one department to handle retail customers and one department to handle wholesale or industrial customers. What does the acronym SWOT stand for? Describe SWOT analysis and explain it’s purpose? SWOT stands for Strength, Weaknesses, Opportunities and Threats. Internal analysis are conducted so it can identify an organizations strengths and weakness. Threats and opportunities are identified by assessing the external environment. Either in its broad or competitive environment. The most essential result of a SWOT analysis is the ability to draw conclusions about the organizations situation and need for strategic action. Briefly summarize Simon’s principle of bounded rationality as it applies to satisficing. Simon’s theory is about the way people actually reason in decision making selecting the first solution that is “good

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