Chapter 5 - Environment Of Management Flashcards
(9 cards)
1
Q
3 types of environment of management
A
Internal, task, general
2
Q
Internal
A
Owners, managers, employees, Board of directors
3
Q
Task
A
Factors that have a direct effect on a specific organization
4
Q
General
A
Broad complex factors that affect all organizations
5
Q
The organization consist in two stakeholders
A
Primary and secondary
6
Q
Primary Stakeholders
A
Have a formal or contractual relationship with the organization
Customers, suppliers, employees, regulators, investors and communities
7
Q
Secondary stakeholders
A
Groups that have less formal connections to the organization
Media
8
Q
4 Types of External Enviroments
A
Uncertain, certain, moderately
9
Q
Environment of management
A
All those factors that affect the operation of the organization
