Podcast
Questions and Answers
What type of industries are directly involved in the extraction of natural resources from the environment?
What type of industries are directly involved in the extraction of natural resources from the environment?
- Secondary industries
- Tertiary industries
- Quaternary industries
- Primary industries (correct)
How do external factors in the business environment affect organizations?
How do external factors in the business environment affect organizations?
- By providing complete control to the organization
- By having no impact on industry competitiveness
- By posing opportunities and threats beyond organizational control (correct)
- By limiting managerial expectations and industry demands
According to Zyphur (2005), what impact does the internal environment have on organization members' behavior?
According to Zyphur (2005), what impact does the internal environment have on organization members' behavior?
- Negligible impact
- No impact at all
- Significant influence (correct)
- Limited influence
How can a well-designed internal environment impact a company's productivity?
How can a well-designed internal environment impact a company's productivity?
What action can managers take to address shrinking markets due to external impacts like new competitors?
What action can managers take to address shrinking markets due to external impacts like new competitors?
What is the definition of Business environment according to Kotler?
What is the definition of Business environment according to Kotler?
How does Michael A. Hitt define the internal business environment?
How does Michael A. Hitt define the internal business environment?
According to Grant, what components make up the internal environment of an organization?
According to Grant, what components make up the internal environment of an organization?
Which aspect of an organization's internal environment does Grant emphasize as dynamic?
Which aspect of an organization's internal environment does Grant emphasize as dynamic?
What does the external environment of an organization consist of?
What does the external environment of an organization consist of?
