The Three Components of the External Environment Are

question 2

Multiple Choice

The three components of the external environment are:

• A)general, economic and technological environments
• B)general, industry and demographic environments
• C)general, industry and competitor environments
• D)general, competitor and structural environments

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Definitions:

Truthfulness

The quality of being honest or true; not lying, cheating, or stealing.

Inferiority

A feeling of being lower in status or quality compared to others, which can impact an individual's self-esteem and social interactions.

Thin Slices

Rapid assessments or judgments made based on a very brief exposure to a slice of behavioral or situational information.

Stereotypes

Oversimplified generalized images or ideas held about a group of people, leading to categorization based on those perceptions rather than individual characteristics.