100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MGT103-CHAPTER 2 QUESTIONS AND ANSWERS 100% PASS £10.46
Add to cart

Exam (elaborations)

MGT103-CHAPTER 2 QUESTIONS AND ANSWERS 100% PASS

 0 view  0 purchase
  • Module
  • MGT 103
  • Institution
  • MGT 103

MGT103-CHAPTER 2 QUESTIONS AND ANSWERS 100% PASS Which of the following is a part of an organization's external environment? A. Board of directors B. Physical work environment C. Inflation D. Organization's culture E. Employees - C In Asia, consumers have historically had an aversion to deb...

[Show more]

Preview 3 out of 30  pages

  • January 8, 2025
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT 103
  • MGT 103
avatar-seller
1|Page




MGT103-CHAPTER 2 QUESTIONS
AND ANSWERS 100% PASS

Which of the following is a part of an organization's external environment?


A. Board of directors


B. Physical work environment


C. Inflation


D. Organization's culture


E. Employees - ✔✔C


In Asia, consumers have historically had an aversion to debt. However, in recent years credit card use has

grown significantly, supported by aggressive marketing to promote growth in the region. This example

comprises the _____ dimension of an organization's general environment.


A. economic


B technological


C. sociocultural


D. political-legal


E. task - ✔✔A




Author. Barrett, ©2025 All Rights Reserved.

,2|Page


A business manufactures top-of-the-line cabinets. The _____ dimension of its general environment

includes computer-assisted design software that helps to convert wood and people's idea into lovely,

functional cabinets.


A. legal


B. sociocultural


C. technological


D. political


E. economic - ✔✔C


Alex, one of the proprietors of Atlas Corp. is worried. The stock market was not doing well,

unemployment was 10 percent, inflation was on the rise again, and government debt was still increasing.

These concerns of Alex are related to the _____ dimension of the general environment of Atlas Corp.


A. legal


B. sociocultural


C. technological


D. political


E. economic - ✔✔E


The set of broad dimensions and forces in an organization's surroundings that determines its overall

context is called the _____ environment.


A. task


B. general


C. physical work




Author. Barrett, ©2025 All Rights Reserved.

, 3|Page


D. regulatory


E. ethical - ✔✔B


Which of the following is a concern of the technological dimension of an organization's general

environment?


A. Organization's policies and practices


B. Inflation, interest rates, and unemployment


C. Tools, methods, and technology


D. Government regulations


E. Offices, production facilities, and cafeteria - ✔✔C


A company would begin to do business in another country only if the trade relationships with that

country are relatively well defined and stable. In the context of the general environment, which of the

following does this point of view reflect?


A. Task


B. Economic


C. Technological


D. Political-legal


E. Competitive - ✔✔D


The _____ dimension of the general environment consists of government regulation of business and the

relationship between business and government.


A. technological


B. task



Author. Barrett, ©2025 All Rights Reserved.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmilyCharlene. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £10.46. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50990 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£10.46
  • (0)
Add to cart
Added