Managing the Organizatinal enviroment Flashcards
Customers would be considered an organizational stakeholder in the internal environment.
false
Suppliers would be considered organizational stakeholders in the external environment.
true
Organizational culture is an important element of the _ environment.
internal
An organizational culture includes all of the following
shared values, traditions, practices
Concern for the environment is best defined as a/an ____________ force.
sociocultural
publicly traded companies:
The primary owner(s) appoint a board of directors to act as agents for the owners
Which of the following is part of the Organization’s General Environment?
economic forces
All of the following are part of the Socio/Cultural dimension of an organization
age
population density
values
demographic trends
Customers can influence an organization by:
Providing feedback about products and services
Demanding additional features or modifications to products
Taking their business elsewhere
Seek price concessions or additional value
Which of the following would best describe Customers?
Groups or individuals that purchase the organization’s goods or services