Examlex
A researcher tests the hypothesis that students who study in the room where they take their tests will perform better on the tests than students who study in other rooms.She requires one group to study in the classroom where the exam is given and another group to study in the library.All students take the test in the classroom,and their test performance is compared.In this example,where students study is the:
Organization's Environment
External factors, including economic, legal, technological, and social influences, that affect an organization’s performance and operations.
Environmental Uncertainty
The degree to which future states of the environment are unpredictable, making it difficult for organizations to anticipate changes.
Environment and Strategy
The interplay between the external environmental factors and an organization's strategic planning and execution.
Strategy Formulation
The process of identifying and outlining the plans and actions necessary to achieve the organizational goals and objectives.
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