MAN3025 Ch3

The interest rates are an important aspect of which environment?

Economic

The internal environment of a corporation consists of/e. All of these choices

a. a board of directors. b. the physical work environment. c. employees. d. the investors in the business. e. All of these choices

Organizations directly influence their environment by/ e. All of these choices

a. lobbying. b. signing long-term contracts with suppliers. c. lowering prices. d. bargaining with labor unions. e. All of these choices

1. An organization design that is mechanistic/ e. None of these choices

a. operates in an uncertain environment. b. uses few standard operating procedures. c. gives its managers considerable discretionary decision-making power. d. is characterized by formal and rigid relationships. e. None of these choices

Sociocultural forces

are the customs and values of the society within which the firm is operating.

1. Older workers tend to do all of the following EXCEPT

be more stable.

The task environment is more specific than the general environment. It includes all EXCEPT

boards of directors.

The broad issues associated with differences in values, beliefs, behaviors, customs, and attitudes held by people in different cultures is called

multiculturalism

The Dodd-Frank Wall Street Reform and Consumer Protection Act is legislation that creates more regulation of the finance markets. This is an example of the ____ dimension.

political-legal

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

strategic alliance