Which of the Following Is a Factor of the External

question 37

Multiple Choice

Which of the following is a factor of the external environment in an organization?

• A) Leadership bench strength
• B) Organizational culture
• C) Quality of talent
• D) Competitive forces

Comprehend the importance of product differentiation and the forms it can take (horizontal and vertical).

Analyze the impact of the Internet on advertising and market behavior.

Grasp the concept of product variety in well-functioning markets and its determinants.

Understand the actions individuals take to alter or control future behavior (commitment devices) in an economic context.

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Definitions:

Public Trading Companies

Corporations whose shares are listed and traded on public stock exchanges, making their ownership publicly accessible.

Adequate Capital

Sufficient funds required by a business to finance its operations and meet its obligations without facing financial distress.

Bank Run

A situation where a large number of a bank's customers try to withdraw their deposits simultaneously because they believe the bank might fail.

Canadian Deposit Insurance Corporation (CDIC)

A federal crown corporation in Canada that provides deposit insurance to protect the deposits made by consumers in member financial institutions in case of their failure.