Exam 3: The Managers Environment

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An organization is a system.

(True/False)
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External customers include the following except:

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A company's intellectual capital is what an organization knows and does best.

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Match the options below with the correct phrases: -legal and political forces

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Match the options below with the correct phrases: -customers

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Match the options below with the correct phrases: -open system

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The boundary that separates the organization from its external environment is always clear and precise.

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Match the options below with the correct phrases: -natural forces

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Match the options below with the correct phrases: -external environment

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The lower level of management in a company provides the primary framework for an organization's culture.

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An organization's competitors are those firms that offer dissimilar products and services in the organization's marketplace.

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Organizational elements of the internal environment are created by ____________.

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Match the options below with the correct phrases: -indirectly interactive forces

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Core competencies are fundamental principles that a company will not compromise.

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Environmental scanning is the process of collecting information about the internal environment to identify and analyze trends.

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The system's "informative" linkage between outputs and inputs is known as ____________.

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Organizations are composed of internal and external environments.

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The ____________ level of management provides the primary framework for an organization's culture.

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Match the options below with the correct phrases: -directly interactive forces

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The primary resource of all organizations is ____________.

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