The General Environment Includes Sectors with Which the Organization Interacts

question 92

True/False

The general environment includes sectors with which the organization interacts directly and which have a direct and regular impact on the organization's ability to achieve its goals.

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Definitions:

Human Capital

Human capital represents the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or contribution to an organization.

Performance Management

The process of creating a work environment or setting in which people are enabled to perform to the best of their abilities.

Performance Evaluation

The process of appraising an employee's job performance against predefined standards to determine areas for improvement and accomplishments.

Conference Board Of Canada

A non-profit research organization that specializes in economic trends, public policy analysis, and organizational performance, primarily focusing on Canada.