The Objective of Assessing the External Environment Is to Determine

question 70

True/False

The objective of assessing the external environment is to determine the timing and importance of the effects of environmental changes and trends on the strategic management of the firm.

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Definitions:

Broader Influence

The extended effect or impact one has beyond their immediate circle, affecting a larger community, system, or societal norms.

Specific Position

A particular or clearly defined job role within an organization, characterized by unique responsibilities and requirements.

Norms

Established standards of behavior or guidelines that are accepted within a group or society.

Roles

The functions or parts played by individuals in a particular social, professional, or other contexts.