Chapter 2: The Task and Macroenvironments of Managent

Question 1

has greatest immediate influence on managers

Answer 1

task environment

Question 2

four key stakeholders

Answer 2

customers, members, owners, other organizations

Question 3

four dimensions of macroenvironment

Answer 3

sociocultural, political, natural, and economic-technological

Question 4

three basic levels of the environment for managers

Answer 4

manager, task environment, macro environment, and international environment

Question 5

embodied by the norms, customs, and the values that general population and its demographic sub-groups

Answer 5

socio-cultural

Question 6

influences needs nd wants, expectations of members and owners, and the attitudes of competitor and supplier

Answer 6

sociocultural environment

Question 7

terrorist attacks influence social views and ideas of what

Answer 7

appropriate behavior

Question 8

increasing diversity leads to what?

Answer 8

greater variety in ethnic & religious backgrounds

Question 9

baby boomers are no longer dominant consumers in leisure & healthcare markets

Answer 9

generational shift

Question 10

influence of managers on sociocultural environmet

Answer 10

think tanks

news and other media outlets

Question 11

influence of the natural environment on managers

Answer 11

ecological footprint

Question 12

amount of earths natural resources are required to sustain a particular lifestyle

Answer 12

ecological footprint

Question 13

five options to manage the natural environment

Answer 13

obstructionist, defensive/legal, market, accommodation, proactive

Question 14

Includes both the prevailing philosophy and objectives of the various levels of government, as well as their on-going laws and regulations

Answer 14

politico-legal environment

Question 15

How financial resources are used and distributed in a specific country or region

Answer 15

economic environment

Question 16

The combination of equipment and skills by which the acquisition, design, production, and distribution of goods and services is managed

Answer 16

technological environment

Question 17

The management of property and wealth in such a way that the short-term monetary value of owners is maximized

Answer 17

acquisitive economics

Question 18

Assumes that individuals will pursue their material self-interest

Answer 18

materialist individualist perspective

Question 19

Managers strive to work together with stakeholders in order to enhance multiple forms of well-being for multiple stakeholders

Answer 19

Multistream Viewpoint

Question 20

Managing property and wealth to increase the long-term overall well-being for owners, members and other stakeholders.

Answer 20

sustenance economics