Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does the internal environment of an organization include?
What does the internal environment of an organization include?
- The economic and technological factors influencing the organization
- The political and legal regulations affecting the organization
- The organization's customers and suppliers
- Elements within the organization's boundaries under the control of management (correct)
Who can be considered as owners of an organization?
Who can be considered as owners of an organization?
- Suppliers and vendors associated with the organization
- Competitors operating in the same industry
- Individual investors who buy stock in a corporation (correct)
- Government regulatory bodies overseeing the organization
What is the primary role of a manager in an organization?
What is the primary role of a manager in an organization?
- Analyzing and improving the organization's ability to survive and grow (correct)
- Handling legal and regulatory compliance for the organization
- Developing marketing strategies for the organization
- Selling the organization's products or services
What does the term 'internal environment' refer to in the context of an organization?
What does the term 'internal environment' refer to in the context of an organization?
Signup and view all the answers
Who has legal property rights to an organization?
Who has legal property rights to an organization?
Signup and view all the answers
