Refer to the Scenario Below to Answer the Questions That

question 146

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
Environmental Uncertainty (Scenario)
It is safe to say that managers do not have complete control over organizational outcomes; the environment has a significant impact.It is important for managers to learn both what the components of the environment are and how the environment will affect their organizations.
-An Internet-based company that is facing many new competitors and frequent technological breakthroughs is operating in what kind of environment?

• A)divergent
• B)static
• C)flexible
• D)dynamic
• E)stable

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Definitions:

Not-for-Profit Corporations

Organizations that operate for purposes other than making a profit, often focused on charitable, educational, or social missions.

Flagship Store

The leading retail store of a brand, often containing the widest range of products and depicting the brand's identity.

Foreign Corporation

A business entity that is incorporated under the laws of a country different from where it conducts its operations or has its principal business activities.

S Corporation Election

A tax election made by small business corporations with 100 shareholders or less to be taxed as a pass-through entity, avoiding double taxation on corporate income.