Operating Within the Environment

question 51

Multiple Choice

Operating within the Environment
The environment places constraints on the behaviour of managers.Suppose you are a manager trying to understand the forces in your organisation's environment.
-Refer to Operating within the Environment (Scenario) .Imagine you are the manager of a real estate office trying to maximise profits.If the mortgage interest rates increase, this would be an example of changing ________ in your general environment.

• A)economic conditions
• B)political conditions
• C)competition
• D)social conditions
• E)technological conditions

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Definitions:

Systems Framework

An analytical tool or approach used to understand and examine the interrelated components of any given system.

Group Processes

The dynamic interactions and mechanisms that occur within a group setting, influencing its functioning and outcomes.

Repetitive Interactions

The ongoing, cyclic pattern of actions or communications occurring between individuals or groups.

Remediation

The process of correcting or improving a deficiency or problem, often in the context of education or environmental restoration.