Which of the Following Is Among the Major Areas of the External

question 293

Multiple Choice

Which of the following is among the major areas of the external market environment?

• A)technological environment
• B)company objectives
• C)competitor strategies
• D)customer base
• E)company resources

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Definitions:

Norm of Reciprocity

A social norm that expects individuals to repay, in kind, what another has provided or done for them.

Management Ability

The competence or skillset required to control, direct, and administer resources, tasks, or people effectively in an organizational setup.

Benevolence

The quality of being well-meaning; kindness.

Integrity

The quality of being honest and having strong moral principles; moral uprightness.