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.
The Du Pont identity is comprised of which three of the following? I. equity multiplier II. total debt ratio III. market-to-book ratio I...Apr 22 2021
Which of the following statements is correct?A. Acompetitive firm is a price maker, and a monopoly is a price taker.B. A competitive firm is a price taker, and a monopoly...Jun 05 2018
What market forces influence wages?Apr 16 2021
Find an expression for the phase error of the Deboo integrator of Problem 6.47. (b) Find a suitable resistance Rc that, when placed in series with the capacitance, will p...Aug 06 2020
How do I stop random advertisements popping up on my chrome web browser?Apr 24 2020
Bellingham Company produced 15,000 units that require 2.5 standard pounds per unit at a $3.75 standard price per pound. The company actually used 36,000 pounds in product...May 13 2021
A box contains 18 tennis balls, of which eight are new. Suppose that three balls are selected randomly, played with, and after play are returned to the box. If another th...Aug 03 2020
Use the minimum-cost method to find a bfs for Problems 4, 7, and 8:PROBLEMS 4Steelco manufactures three types of steel at different plants. The time required to manufactu...Aug 10 2020
A firm has a fixed cost of $20,000 in its first year of operation. When the firm produces 1,000 units of output, its total costs are $80,000. When it produces 1,100 units...Feb 06 2020
Consider two dairy farms B and C. They send their cows to the commons. If farm B sends bcows and farm C sends c cows to the commons, the milk production (in kiloliters, k...Mar 17 2020