Managing the Organizatinal enviroment Flashcards

1
Q

Customers would be considered an organizational stakeholder in the internal environment.

A

false

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2
Q

Suppliers would be considered organizational stakeholders in the external environment.

A

true

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3
Q

Organizational culture is an important element of the ­_ ­ environment.

A

internal

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4
Q

An organizational culture includes all of the following

A

shared values, traditions, practices

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5
Q

Concern for the environment is best defined as a/an ____________ force.

A

sociocultural

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6
Q

publicly traded companies:

A

The primary owner(s) appoint a board of directors to act as agents for the owners

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7
Q

Which of the following is part of the Organization’s General Environment?

A

economic forces

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8
Q

All of the following are part of the Socio/Cultural dimension of an organization

A

age
population density
values
demographic trends

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9
Q

Customers can influence an organization by:

A

Providing feedback about products and services

Demanding additional features or modifications to products

Taking their business elsewhere

Seek price concessions or additional value

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10
Q

Which of the following would best describe Customers?

A

Groups or individuals that purchase the organization’s goods or services

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