Podcast
Questions and Answers
Today's managers need to adapt to a higher level of change than those in the past.
Today's managers need to adapt to a higher level of change than those in the past.
True (A)
Maintaining strong organizational habits is a key element for long-term success.
Maintaining strong organizational habits is a key element for long-term success.
False (B)
Global events have no impact on production processes in the United States.
Global events have no impact on production processes in the United States.
False (B)
The external environment of an organization includes factors that can influence its operations.
The external environment of an organization includes factors that can influence its operations.
An organization’s external environment consists of a technological and a political component.
An organization’s external environment consists of a technological and a political component.
The sociocultural component of an organization’s external environment includes basic attitudes and values.
The sociocultural component of an organization’s external environment includes basic attitudes and values.
The trend toward globalization falls under the economic component of an organization's external environment.
The trend toward globalization falls under the economic component of an organization's external environment.
Organizations in the United States are not affected by economic failures elsewhere due to their large economy.
Organizations in the United States are not affected by economic failures elsewhere due to their large economy.
After the recent economic crisis, conditions in the United States have markedly improved compared to other countries.
After the recent economic crisis, conditions in the United States have markedly improved compared to other countries.
External elements like job availability and resource pricing are crucial for organizational decision-making.
External elements like job availability and resource pricing are crucial for organizational decision-making.
Flashcards
Change in Management
Change in Management
Today's managers need more adaptability and change-management skills than previous generations.
Organizational Habits
Organizational Habits
Sticking to old ways isn't a path to future success.
Global Effects
Global Effects
Events abroad impact US production.
External Environment
External Environment
Signup and view all the flashcards
External Environment Components
External Environment Components
Signup and view all the flashcards
Sociocultural Trends (include values)
Sociocultural Trends (include values)
Signup and view all the flashcards
Globalization & Politics
Globalization & Politics
Signup and view all the flashcards
US Economic Isolation
US Economic Isolation
Signup and view all the flashcards
Post-Crisis US Recovery
Post-Crisis US Recovery
Signup and view all the flashcards
External Economic Factors
External Economic Factors
Signup and view all the flashcards
