1. Organizations are open systems that affect and are affected by their
external environments.
True False
2. The external environment includes all
... [Show More] relevant forces outside the
organization's boundaries.
True False
3. Strategy is an example of an input to an organization.
True False
4. A firm's competitive environment includes new entrants, as well as
substitutes and complements.
True False
5. An organization's macroenvironment includes its customers and
suppliers.
True False
6. When investors bid up stock prices, companies have less capital to fuel
their strategies.
True False
Full file at http://testbankscafe.eu/Test-Bank-for-Management-Leading-and-Collaborating-in-a-Competitive-World-10thEdition-Bateman
7. While the stock market can impact a firm, it has no effect on the
behavior of individual managers.
True False
8. Firms that develop strategies that do not include technological
advances will realize obsolescence and extinction.
True False
9. U.S. government policies both impose strategic constraints and provide
opportunities for organizations.
True False
10
.
Regulatory agencies set rules but are typically weak institutions since
they do not have the power to investigate company practices or to take
legal action to ensure compliance with the law.
True False
11
.
Social metrics are measures of various characteristics of the people
who make up groups or other social units.
True False
12
.
The fastest-growing age group in the U.S. civilian labor force is the
group between 30 and 40 years old.
True False
13
.
Despite government crackdowns, immigration is one reason why the
labor force will be more ethnically diverse in the future than it is today.
True False
14
.
The percentage of women participating in the U.S. workforce has
increased sharply since 1999.
True False
Full file at http://testbankscafe.eu/Test-Bank-for-Management-Leading-and-Collaborating-in-a-Competitive-World-10thEdition-Bateman
15
.
A more diverse workforce presents managers with challenges as well as
opportunities.
True False
16
.
Family leave, flexible working hours, and child care assistance have
been introduced as a direct result of the growing ethnic diversity in the
workplace.
True False
17
.
Porter's model for competitive analysis is one example of analyzing the
competitive environment for adapting to and even influencing the
nature of competition.
True False
18
.
Red Bull, an energy drink, is a competitor to Pepsi.
True False
19
.
The first question in understanding competitive environments from
Porter's model is "How strong is the competition?"
True False
20
.
A barrier to entry is a condition that prevents customers from using a
firm's products or services.
True False [Show Less]