The Three Parts of the External Environment That Affect a Firm's

question 59

Multiple Choice

The three parts of the external environment that affect a firm's strategic actions are:

• A) economic, political, and legal.
• B) general, industry, and competitor.
• C) industry, business, and product.
• D) local, national, and global.

Describe the physiological and psychological aspects of pitch perception, taste, and color vision.

Understand the different senses and their specific functions.

Explain the impact of culture on perception and illusions.

Distinguish between monocular and binocular cues in depth perception.

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Definitions:

Budget and Policies

Refers to the planned allocation of financial resources and the set of rules or guidelines that govern fiscal management within an organization or government.

Manager

An individual responsible for controlling or administering an organization or group of staff.

Compassion Fatigue

A form of emotional and physical exhaustion often experienced by those providing care to others, characterized by a decreased ability to empathize.

Burnout

A state of emotional, physical, and mental exhaustion caused by prolonged stress, notably in the workplace, resulting in decreased productivity and a sense of disillusionment.