HSM1093 - C3

What is considered a main internal environment that impacts an organization’s performance?

• Customers

• Management

• Competitors

• Suppliers

Which of the following is NOT an internal resource?

• Market trends

• Equipment resources

• Financial resources

• Human resources

What does a valuable mission reflect?

• The financial status of the organization

• The latest technology

• The values, beliefs, and philosophy of operations

• The competition in the market

What is the purpose of a system process in an organization?

• To define customer feedback

• To manage external suppliers

• To increase competition

• To ensure tasks are performed systematically

Who are considered the external customers?

• Competitors in the market

• Suppliers of the organization

• Employees of the organization

• People who use the products or services

What role do competitors play in the sports industry?

• They manage the workforce

• They define the mission of the organization

• They produce the same type of products or services

• They provide resources

What is a key factor in the relationship with suppliers?

• Employee turnover

• High competition

• Long-term cooperation

• Short-term contracts

Which of the following is a component of the external environment?

• Workforce

• Mission

• Technology

• Government

How does the economy affect an organization?

• By determining the mission statement

• By influencing costs, revenues, and profits

• By defining employee roles

• By managing internal resources

What is a challenge posed by government regulations?

• They enhance employee performance

• They create complicated regulations and liabilities

• They simplify the market entry for new companies

• They reduce competition