WorksheetsOrg and Management Q1M3
Total questions: 15
Worksheet time: 8mins
_______ means seeking for and sorting through data about the environment
Environmental scanning
Inflation
Inflation rate
Interest rates
________ a period of above normal general price increases, as reflected in the consumer and wholesale price indexes
Environmental Scanning
Inflation
Inflation rate
Interest rates
_______ situations include the customers’ changing values and preferences; customs could also affect management practices in companies.
Politico-legal
Demographic
Technical
Sociocultural
It is a situations where companies involve the use of varied types of electronic gadgets and advanced technology such as computers, robotics, microprocessors, and others
Sociocultural
Politico-legal
Demographic
Technological
They are the one who patronize the organization's products and services.
Stakeholders
Customers
Suppliers
Pressure groups
They are those who ensure the organization’s continuous flow of needed and reasonably priced inputs or materials required for producing their goods and rendering their services
Stakeholders
Suppliers
Pressure groups
Employees
_______ are comprised of those who work for another or for an employer in exchange of salaries/wages or other considerations.
Stakeholders
Suppliers
Pressure groups
Employees
The following are components of Internal Business Environment except.
Resources
Research and Development
Opportunities
Production
Which of the following is not the components of environmental scanning?
Developing a competitive mindset
Considering future business scenarios
Business Prediction
Economic situations
Which of the following is not a Political factors?
Tax Policy
Labor Law
Exchange Rates
Trade Restrictions
Which of the following is a technological factor?
Cultural Aspects
Population Growth rates
Inflation
Automation
It is the degree to which a society emphasizes short-term thinking versus greater concern for the future or long-term thinking.
Uncertainty Avoidance
Individualism-Collectivism
Masculinity-Femininity
Time Orientation
It the degree to which a society accepts or rejects the unequal distribution of power among people in organizations and the institutions of society.
Power Distance
Uncertainty avoidance
Individualism-collectivism
Masculinity-Femininity
Characterized as “I” and “me” cultures where employees prefer to work alone without help from others.
Power distance
Uncertainty avoidance
Individualism-collectivism
masculinity-femininity
_______ is the total domestic and foreign output claimed by the residents of a country
Changing options
Gross National Product(GNP)
Gross Domestic Product (GDP)
Interest rates
