Explain Why Managers Must Recognize Opportunities and Threats in Their

question 56

Essay

Explain why managers must recognize opportunities and threats in their firm's external environment.

---

Definitions:

Restitution

The return of property, things, and even human remains to their rightful owners. An aspect of reparation.

Emotions

Complex psychological states that involve physiological arousal, expressive behaviors, and conscious experience.

Historic Trauma

Psychological and emotional effects that are passed down through generations within a community that has experienced widespread and systemic suffering or abuse.

Native American

Indigenous peoples of the United States, including both the mainland and Alaska Natives.