A Study of the External Environment Allows a Manager to Understand

question 111

Multiple Choice

A study of the external environment allows a manager to understand the ________ and ________ for the organization.

• A) threats; weaknesses
• B) strengths; weaknesses
• C) strengths; opportunities
• D) opportunities; threats

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Definitions:

Gerald Ford

The 38th President of the United States, who assumed office following the resignation of Richard Nixon and is known for his efforts to heal the nation post-Watergate scandal.

Presidential Election

The process through which the president of a country or a head of state is elected, often involving a nationwide vote.

Iranian Hostages

refers to the 52 American diplomats and citizens held hostage for 444 days after a group of Iranian students supporting the Iranian Revolution took over the U.S. Embassy in Tehran in November 1979.

Proposition 13

A landmark 1978 California ballot initiative that reduced property tax rates on homes, businesses, and farms by assessing property values at their 1975 value.