Professional Documents
Culture Documents
5. ______________________ are also important for managers for them to perform their tasks
with proficiency with the use of their expertise.
a. Human skills
b. Conceptual skills
c. Analytical skills
d. Technical skills
7. Inflation, rates of interest, changing options in stock markets, and people’s spending habits are
some example of factors/elements of _____________________
2. Politicolegal situations refer to national or local laws, international laws, and rules _____________
3. Demographic situations of companies involve the use of varied types of electronic _____________
gadgets
4. Stakeholders are those who patronize the organization’s product and services _____________
5. Pressure groups are parties likely to be affected by the activities of organizations _____________
6. Customers are those who ensure the organization’s continuous flow of goods _____________
7. Employees are comprised of those who work for another or for an employer in _____________
exchange of salaries/wages.
9. The organizations’ suppliers provide the company with financial support it needs. _____________
10. Marketing is defined as the process of measuring comparing one’s own products, _____________
services, and practices.
11. Cultural intelligence is an individual’s ability to favorably receive and adjust to an _____________
unfamiliar way of doing things
12. Power distance is the degree to which a society accepts or reject the unequal _____________
distribution of power among people
13. Organizing is the first management function and for good reason. _____________
14. Plans are the targets or desired ends that management wants to reach. _____________
15. Goals are the actions or means that administrators/managers intend to use. ____________
V. ESSAY (15pts)
Answer the following briefly and concise.
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