Examlex
Please define the following key terms.
-hand-loom weavers
External Organizational Environment
Constitutes the outside forces, including economic, political, technological, and social factors, that affect an organization's operations.
Industry Environment
The external factors including economic, political, regulatory, and social that affect the operational, financial, and competitive landscape of industry sectors.
BCG Matrix
A strategic business tool designed by the Boston Consulting Group that evaluates the relative performance of an organization's product portfolio based on market growth rate and market share.
Cash Cows
Products or business units that generate significantly more money than they consume, often providing the bulk of a company's profit.
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