Exam 3: Understanding the Organizations Environment

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When a locally owned construction firm fears new competition from a national chain such as Toll Brothers moving in, it is experiencing a change in its

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Organizations need to fully understand which ____________________ forces are important and how the importance of others might increase.

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A(n) ____ would come under the heading of the economic element of the general environment.

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Which of the following is NOT one of the elements in the task environment for St. Jude Children's Hospital?

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A(n) ____ is two or more companies that work together in joint ventures.

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Wells Fargo provides mortgages. Homebuyers are potential ____.

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List the five dimensions of the general environment and give an example of each using the Facebook company.

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Managers can disregard the general environment because it is vague, imprecise, and long term.

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The general environment of organizations has all EXCEPT which dimension?

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Everything outside an organization's boundaries that might affect it is its ____________________ environment.

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W hen Catherine, Duchess of Cambridge  sta rt ed wearing pantyhose, sales in the UK increased 85%. That is an example of which environment?

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The ____________________ dimension of the general environment refers to the extent to which the organization is affected by or involved in businesses in other countries.

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Temporary employees or temps are organized into labor unions.

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Greenpeace draws attention to environmental activity around the world. They are a(n) ____________________ that has potential impact on organizations' operating policies and practices.

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Executives carry smart phones that keep them connected to people and information all day. This is an example of the ____ dimension of the external environment.

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Sociocultural forces

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The customs, mores, values, and demographic characteristics of the society in which the organization functions comprise the ____________________ dimension.

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Facebook has enabled people to stay in contact with friends. It also hurts relationships when too much information is shared. This reflects the ____ element of the general environment.

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General Motors sold an auto parts company because profitability was low. The primary environmental dimension considered was

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Which of the following is an example of a merger?

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