A Situation Analysis Requires a Firm to Consider the External

question 14

Multiple Choice

A situation analysis requires a firm to consider the external forces and trends that affect it. Some of these may be favorable to the organization while others may be unfavorable. Which of the following is an example of an external force?

• A)The firm buys its own fleet of trucks, so it no longer needs to hire a trucking company for distribution.
• B)A hiring freeze is put into place. Although no one is fired, no one can be hired.
• C)A goal is set to close the gap between production costs and profits.
• D)A local government requires that all businesses within the city limits must recycle or be fined.
• E)Shareholders are rewarded with a sizable dividend check.

Understand how experience influences memory storage and retrieval.

Identify developmental changes in memory and information processing throughout the lifespan.

Recognize the factors that influence attention and make stimuli attention-getting.

Understand the concept of infantile amnesia and its implications for memory.

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Definitions:

Brightness

A measure of how light or luminous a space or source appears to the eye.

Intensity of Nonspectral Color

The degree of strength or vividness of a color that does not correspond to a single wavelength of light but is perceived as a mixture of wavelengths.

McCullough After-effect

A phenomenon where prolonged viewing of colored stimuli causes an object to appear in complementary colors when subsequently viewed on a white background.

Pool Their Signals

This concept involves combining multiple indicators or signals to enhance decision-making or analysis.