9. What is the environment where a firm conducts business known as A) Global business environment B) Economic environment C) Domestic business environment D) Technological environment
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9. What is the environment where a firm conducts business known as A) Global business environment
B) Economic environment
C) Domestic business environment
D) Technological environment
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Solved in 2 steps
- 13. What is the term given to the groups, individuals, and organizations that are directly affected by the practices of an organization? A) Primary agents of interest B) Social auditors C) Competitors D) Organizational stakeholders 14. The Chinese government controls all factors of production, the Chinese government has which type of economic systems? A) Capitalism B) Socialism C) Market D) CommunismWhat legal or regulatory matters are of concern for Johnson and Johnson in their industry?Gather information on the existing and future business climates, as well as the challenges that US firms will encounter.
- Describe the influences that affect the business climate and the difficulties that American firms will encounter in the future.1. How does market environment affect the business? 2.What would be the objectives of the following companies & organizations with regards to their interrelationship with society? A) Bank of the Philippine Islands B) Philippine Department of Labor and Employment C) Shoe Mart D) Rotary Club of Manila E) University of the Philippines
- Why is it important to understand external business?Market Structures: Why is it necessary for business firms to have knowledge on the Market Structures? In what ways will this knowledge be of help to business firms? Why is it advantageous to business firms?Examine the key historical forces which has an impact on the Business Environment with appropriate examples.
- Which among these businesses are mostly affected by technological changes in the business environment? A)Barbershops, salons and other personal services business B)Local restaurants and other food shops C)Clothes shops that serve local customers D)Software companies that cater to large scale businessesDefine the characteristics of business models that are designed to create social value.How environmental variables can contribute to a firms position
