Smartbook 3 NOT COMPLETE

Which groups are parts of the task environment?

Local communities Strategic allies Government regulators Distributors

A company's external environment consists of which two environments?

general task

A company's triple bottom line represents which aspects?

planet profit people

True or false: Unlike generations before them, Millennials have little concern for the environment and are more interested in profit over planet.

False

Which group is projected to make up almost 60% of the workforce by 2029?

Millennials and Gen Zers

Which broad term identifies anyone impacted by a business, including but not limited to stockholders, employees, and customers?

Stakeholders

An organization's internal stakeholders consist of

board of directors, employees, owners

The people or organizations that vie with your company for customers or resources are known as _____.

competitors

Sofia paid for a haircut and some hair-care products at a local salon. In the task environment, Sofia would be classified as a _______. Multiple choice question.

customer

A company's triple bottom line measures which aspects of its performance?

environmental financial social

People who are outside an organization but are still affected by the organization are called the ______.

external stakeholders

The people inside of an organization who have an important stake in how it performs are the organization's _____ stakeholders.

internal

A company's decision to move its operations out of the country will affect its employees, owners, suppliers, distributors, and everyone else who has an interest in the business. All of these groups together make up the company's _____.

stakeholders

The ten groups that present a company with its daily tasks to handle represent the company's _____ environment.

task