The Five Broad Categories That Make Up the External Environment

question 8

True/False

The five broad categories that make up the external environment are (1) economic, (2) social and cultural, (3) legal, political, and ethical, (4) natural and (5) technical.

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Definitions:

Common Identity

A form of social identity that emphasizes unity and shared characteristics among members of a group, fostering a sense of belonging.

Communal Sharing

A relational model theorizing how people in a group share resources and responsibilities without keeping track of individual contributions or distributions.

Entitativity

The perception or degree to which a group of entities is considered to be a coherent, single unit.

Common Bond

The shared interest, purpose, or sympathy that unites individuals or groups, fostering a sense of connection and solidarity.