Because External Environments Can Be Dynamic, Confusing, and Complex, Managers

question 89

True/False

Because external environments can be dynamic, confusing, and complex, managers use a three-step process to make sense of the changes in their external environments. Those steps are (1) environmental scanning, (2) interpreting environmental factors, and (3) acting on threats and opportunities.

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Definitions:

Experimenter Bias

A form of research bias where the researcher unintentionally influences the results of a study through their expectations or conduct.

Balanced Placebo Design

A balanced placebo design is an experimental approach used to study behavior under the influence of a drug when participants are misinformed about their drug status to remove psychological effects.

Expectations

Beliefs or anticipations about the way events, situations, or behaviors will or should unfold in the future.

Demand Characteristic

Cues or signals in an experiment that might inform participants about the purpose of the study, potentially influencing their behavior.