Given the Plethora of External Influences, Understanding the External Environment

question 28

Multiple Choice

Given the plethora of external influences, understanding the external environment requires managers to:

• A)Use a framework or a system that allows them to organize information and rank factors
• B)Monitor their rivals closely to detect signals of change in their strategies
• C)Use all existing techniques to gather and analyze information
• D)Work on the matter full-time

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Definitions:

Axon

Of a neuron, a cytoplasmic extension that transmits electrical signals along its length and secretes chemical signals at its endings.

Spinal Cord

Central nervous system organ that extends through the backbone and connects peripheral nerves with the brain.

Peripheral Nerves

Nerves located outside the brain and spinal cord that connect the central nervous system to limbs and organs.

Brain

Central control organ of a nervous system; receives and integrates sensory information, regulates internal conditions, and sends out signals that result in movements.