The external environment of an organization consists of the mega environment and the task
The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?
I. It includes components such as technological, economic, socio-cultural, and international influences.
II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.
III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.
IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.
(a)Only (I) above
(b)Both (I) and (IV) above
(c)Both (II) and (III) above
(d)(I), (II) and (III) above
(e)(II), (III) and (IV) above.