Figure 3-1 -Using Figure 3-1 Above,identify and Explain the Five Environmental Forces

question 38

Essay

Figure 3-1
-Using Figure 3-1 above,identify and explain the five environmental forces ("A," "B," "C," "D," and "E")that affect an organization.

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Definitions:

Fair Practices

Ethical business strategies and policies that seek to ensure fairness, equality, and transparency in dealings with stakeholders.

Environmental Scanning

The continuous process of gathering information about external influences and trends to identify opportunities and threats affecting an organization.

Environmental Forces

External factors such as social, political, ecological, and legal aspects that affect an organization's decisions and performance.

Geek Squad

A service subsidiary of Best Buy, providing computer-related services and support, including repairs, installations, and consultations.