He External Environment (Scenario)

question 49

Multiple Choice

he External Environment (Scenario)
DigiTech Corporation is a manufacturer of handheld language translation devices. There are many forces in the external environment that influence DigiTech, and its managers are monitoring them closely. One factor is the upcoming federal election. If elected, the leading political candidate has promised to cut corporate taxes to help stimulate the economy. Another factor is the emergence of new competitors with products similar to DigiTech's best-selling model: the Speak-Easy. Advances in the processing speed of computer chips have shortened product development cycles and made it easier for new companies to enter the market. Unfortunately, the recent increase in competition has led to supplier shortages of key components such as microphones and micro-speakers and has left DigiTech scrambling to find new sources!
-The politician's promise to lower corporate taxes could affect which factor in DigiTech's external environment?

• A)economic conditions
• B)political/legal conditions
• C)socio-cultural conditions
• D)technological conditions
• E)global conditions

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Definitions:

Conference Board Of Canada

A non-profit research organization that specializes in economic trends, public policy analysis, and organizational performance, primarily focusing on Canada.

Continuous Learning

An ongoing effort to acquire new skills or knowledge, aimed at personal and professional growth throughout an individual’s career.

Work Engagement

The extent to which employees are emotionally and intellectually committed to their organization.

Dedication

A commitment to a cause, task, or goal with persistence and enthusiasm, often reflecting a deep level of personal investment and loyalty.