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  • M2 Org & Mgmt. Activity 1

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    christine abila
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    The document defines key terms related to a business's external and internal environments: 1. The external environment consists of shareholders, competitors, customers, society, government laws and regulations, policies and technology that affect a business from outside. 2. The internal environment includes a business's value system, mission, organization structure, culture, human resources, unions, physical resources and technological capabilities. 3. Stakeholders are parties affected by a business's activities, such as customers who purchase products and services and suppliers who provide reasonably priced inputs.

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    The document defines key terms related to a business's external and internal environments: 1. The external environment consists of shareholders, competitors, customers, society, government laws and regulations, policies and technology that affect a business from outside. 2. The internal environment includes a business's value system, mission, organization structure, culture, human resources, unions, physical resources and technological capabilities. 3. Stakeholders are parties affected by a business's activities, such as customers who purchase products and services and suppliers who provide reasonably priced inputs.

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    8 views1 page

    M2 Org & Mgmt. Activity 1

    Uploaded by

    christine abila
    The document defines key terms related to a business's external and internal environments: 1. The external environment consists of shareholders, competitors, customers, society, government laws and regulations, policies and technology that affect a business from outside. 2. The internal environment includes a business's value system, mission, organization structure, culture, human resources, unions, physical resources and technological capabilities. 3. Stakeholders are parties affected by a business's activities, such as customers who purchase products and services and suppliers who provide reasonably priced inputs.

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    Q1M2-ASSESSMENT 1

    Directions: Identify the following statements below. Write your answer in the space provided
    before the number.
    External environment1. consists of those factors that affect a business enterprise from outside.
    It includes shareholders, competitors, customers, society, government laws and regulations,
    policies and technology.
    Internal Environment2. has various internal factors such as value system, mission and
    objectives, organization structure, corporate culture, quality of human resources, labour
    unions and physical resources and technological capabilities.
    Stakeholders3. the parties likely to be affected by the activities of the organization.
    Customers4. patronize the organization’s products and services.
    Suppliers 5. ensure the organization’s continuous flow of needed and reasonably priced
    inputs or materials required for producing their goods and rendering their services or
    materials required for producing their good and rendering their services.

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