The __________ Consists of All the Conditions in the External

question 107

Multiple Choice

The __________ consists of all the conditions in the external environment of an organization that forms a background context for managerial decision making.

• A)Task environment.
• B)General environment.
• C)Specific environment.
• D)Management environment.
• E)Organizational environment.

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Definitions:

Benchmark Jobs

Positions that are used as a standard or reference to compare the level of job content, job worth, and pay across different jobs within an organization or industry.

Market Rate

The average or standard cost for goods or services in a specific market, often used as a benchmark for setting prices or wages.

Excellent Benefits

Refers to superior or highly favorable employment benefits, such as health insurance, retirement plans, and paid leave, offered to employees.

Highly-Desirable

Attributes or qualities that are very attractive or sought-after, often used in the context of job competencies, living conditions, or product features.