Management Chapter 3 Quiz

Management Chapter 3  Quiz 

1.    all events outside a company that have the potential to influence or affect it

2.    the rate at which a company's general and specific environments change

3.    an environment at which the rate of change is slow

4.    an environment in which the rate of change is fast

5.    the theory that companies go through long periods of stability (equilibrium), followed by short periods of dynamic, fundamental change (revolutionary periods), and then a new equilibrium

6.    the number and the intensity of external factors in the environment that affect organizations

7.    an environment with few environmental factos

8.    an environment with many environmental factors

9.    the abundance or shortage of critical organizational resources in an organization's external environment

10. extent to which managers can understand or predict which environmental changes and trends will affect their businesses