External Environmental Factors That May Affect Managerial Discretion Include Industry

question 12

True/False

External environmental factors that may affect managerial discretion include industry structure, rate of market growth, and degree to which products can be differentiated.

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Definitions:

Israel

A country in the Middle East, established in 1948, known for its historical and religious significance.

World Bank

An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

Development Aid

Financial and technical assistance provided by governments or international institutions to support the economic, environmental, social, and political development of developing countries.

Poor Countries

Refers to nations with low levels of economic prosperity, often characterized by low GDP per capita, lack of access to basic services and infrastructure, and high levels of poverty.