Chapter 5 - Environment Of Management Flashcards

1
Q

3 types of environment of management

A

Internal, task, general

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2
Q

Internal

A

Owners, managers, employees, Board of directors

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3
Q

Task

A

Factors that have a direct effect on a specific organization

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4
Q

General

A

Broad complex factors that affect all organizations

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5
Q

The organization consist in two stakeholders

A

Primary and secondary

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6
Q

Primary Stakeholders

A

Have a formal or contractual relationship with the organization

Customers, suppliers, employees, regulators, investors and communities

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7
Q

Secondary stakeholders

A

Groups that have less formal connections to the organization
Media

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8
Q

4 Types of External Enviroments

A

Uncertain, certain, moderately

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9
Q

Environment of management

A

All those factors that affect the operation of the organization

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