Identify and Define the Four Environmental Influences an Organization Faces

question 57

Essay

Identify and define the four environmental influences an organization faces. Give an example of each and how an organization is impacted, either positively or negatively, by each.

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Definitions:

Normally Distributed

A type of distribution characterized by a symmetrical bell-shaped curve, where the mean, median, and mode are equal.

Mean

The arithmetic average of a set of values, or distribution, calculated by summing the values and then dividing by the number of values.

Standard Normal

A special case of the normal distribution with a mean of zero and a standard deviation of one, commonly used in z-score calculations.

Area

An evaluation of the area covered by a shape or surface in two dimensions, calculated in units².