International Societal Environments Quiz

Which of the following is NOT considered an important variable in the societal environment according to the text?

Which of the following is a key variable in the ecological aspect of the societal environment?

Which of the following is NOT listed as an important variable in the economic aspect of the societal environment?

Which of the following is a key variable in the technological aspect of the societal environment?

Which of the following is NOT included in the ecological variables of the international societal environment?

Which category includes variables such as customs, norms, values, and religious beliefs?

What is the term used for the analysis of the natural environment, technological environment, economic environment, and political-legal environment?

Which of the following is NOT included in the technological variables of the international societal environment?

Which category includes variables such as form of government, political ideology, and trade regulations?

What does the natural environment include?

Which of the following is not a component of the societal environment in a STEEP analysis?

What is one way to measure a firm's commitment to sustainability?

Which of the following is an example of an externality related to the exploitation of natural resources?

In STEEP analysis, what does the 'P' stand for?

What does the natural environment include?

Which of the following is NOT a factor in the societal environment?

What is the purpose of environmental analysis?

Which of the following is NOT a factor contributing to increasing environmental uncertainty?

What does STEEP analysis refer to?

What does the acronym STEEP stand for in the context of analyzing the societal environment?

Which of the following is NOT listed as a current sociocultural trend in the given information?

Which generation is mentioned as having the highest percentage of the total adult population in the United States?

What is a multinational corporation (MNC) as defined in the given information?

Which of the following is NOT listed as a category of risk in the context of analyzing the societal environment?

Which of the following is NOT a component of the societal environment analyzed in environmental scanning?

What does the acronym STEEP stand for in the context of environmental analysis?

Which of the following is NOT typically considered a key variable in the ecological aspect of the societal environment?

What is the primary purpose of conducting an environmental analysis in strategic management?

Which of the following is NOT a key variable in the technological aspect of the societal environment?

What makes it difficult for a company to enter an industry?

In the analysis of societal environments, what factor refers to the advantages that companies achieve due to their size?

Which of the following is NOT a barrier to entry for new companies according to the text?

What characteristic of a product can create a barrier to entry for new companies?

Which of the following is a factor contributing to intense rivalry among existing firms?

What factor related to the natural environment can impact industry competition?

Which of the following is a potential barrier to entry based on government regulations?

What contributes to the diversity of rivals in an industry?

What does Porter relate intense rivalry among firms to?

What is an economic aspect that can create barriers to entry for new companies?

What do inside directors typically refer to?

Which theory suggests that insiders identify with the corporation due to their long tenure?

Who are retired executive directors according to the text?

What is a key characteristic of affiliated directors?

What is the primary responsibility of family directors based on the provided information?

Outside directors may be executives of other firms but are not ___________ of the board's corporation.

What is the main problem highlighted by agency theory in corporations?

 According to stewardship theory, why do insiders tend to identify with the corporation?

Population ecology theory states that once an organization is established in a niche, it cannot adapt to changing conditions.

According to institution theory, organizations can adapt by imitating other successful organizations.

Strategic choice perspective argues that organizations have the power to reshape their environment.

Organizational learning theory suggests that organizations adjust defensively to changing environments.

Strategic flexibility demands only short-term commitment to development and nurturing of critical resources.

Globalization is not a factor considered important for strategic planning.

Innovation is not vital for organizational adaptation according to the theories mentioned.

Sustainability is not a concern when discussing creating a learning organization.

Organizations cannot influence their environment according to the strategic choice perspective.

Institution theory focuses on organizations' abilities to adapt internally rather than imitate others.