All of the Following Are External Environmental Sources That Affect

question 56

Multiple Choice

All of the following are external environmental sources that affect managerial discretion EXCEPT:

• A) industry structure.
• B) corporate culture.
• C) market growth rate.
• D) potential for product differentiation.

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Definitions:

Manager's Job

The set of responsibilities held by an individual in a managerial position, including planning, organizing, leading, and controlling resources to achieve organizational goals.

Effectiveness

Effectiveness refers to the degree to which something is successful in producing a desired or intended result, often used to evaluate the efficiency and outcomes of processes or actions.

Efficiency

The effectiveness of producing outcomes with minimal waste of time, effort, or resources.

Managers

Individuals in an organization responsible for directing and overseeing the work of others to achieve the organization's goals.