external force affect companys environment quizlet

What is an example of an external force that can affect a companys environment quizlet?

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Forces in the external environment play a major role in shaping managers' endeavors. The external environment includes these six broad external conditions that may affect the organization: economic, political/legal, sociocultural, demographic, technological, and global conditions. Political/legal conditions include the general political stability of countries in which an organization does business and the specific atti¬tudes that elected officials have toward business. Federal, state, and local governments can influence what organizations can and cannot do. Sociocultural conditions include the changing expectations of society. Societal values, customs, and tastes can change, and managers must be aware of these changes. Technological conditions have changed more rapidly than any other element of the general environment. Global factors include global competitors and global consumer markets.

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Which is an external factor that affects the business environment quizlet?

The external factors affecting a business comprise of such factors as technology, government, and its policies, economic forces and elements, socio-cultural factors, and international factors.

What is an example of an external environmental force quizlet?

These external environment forces include political, economic, social, technological, legal, and environmental forces. Intermediaries, employees, shareholders, customers, competitors, and suppliers.

What is an example of an internal force that can affect a company's environment?

Some examples of areas which are typically considered in internal factors are: Financial resources like funding, investment opportunities and sources of income. Physical resources like company's location, equipment, and facilities. Human resources like employees, target audiences, and volunteers.

What are 5 environmental forces that affect an organization quizlet?

Environmental scanning is the process of acquiring information about these changes to allow marketers to identify and interpret trends. There are five environmental forces businesses must monitor: social, economic, technological, competitive, and regulatory.

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