Chapter 1 Flashcards
1
Q
What are some internal factors that influence decision making?
A
Organizational history & culture***
Policies and Systems
Existing resources
2
Q
What are some external factors that influence decision making?
A
Decisions made by competitors, suppliers, customers
Labor markets
National Culture***
The national, regional, and world economies
3
Q
Hofstede definition of culture
A
The collective programming of the mind which distinguishes the members of one human group from another