Answer the following statements true (T) or false (F)
1. Government regulators are regulatory agencies that establish ground rules under which organizations may operate.
2. To a commercial airline, the Federal Aviation Agency (FAA) is an example of a stakeholder.
3. The National Rifle Association is an example of a government regulator.
4. In business, the extended environment is another name for general environment.
1. True
Government regulators are regulatory agencies that establish ground rules under which organizations may operate.
2. True
The FAA is a stakeholder in an airline's external environment, more particularly its task environment. For example, it specifies how far planes must stay apart to prevent midair collisions.
3. False
Special-interest groups are groups whose members try to influence specific issues, some of which may affect your organization. Examples are Mothers Against Drunk Driving, the National Organization for Women, and the National Rifle Association.
4. False
The general environment is also called the macroenvironment.
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The statement of stockholders' equity includes which of the following for the period?
A. Changes in stockholders' equity accounts. B. Details of a company's profitability that represents stockholders' claims. C. Current assets available to pay current liabilities to reduce risk to stockholders. D. Inflows and outflows of cash that benefit stockholders.
A firm's entrance into various sporting goods categories (e.g., in-line skates) fits into this new product category
A) classically innovative products B) new category entries C) line extensions D) improved products
Which of the following best describes a strategy map?
A. A strategy map is a one-page representation of a firm's strategic priorities and the cause-and-effect linkages among them. B. A strategy map is a visual representation of a firm's current and planned geographic operations and markets. C. A strategy map is a categorized list of a firms strategic objectives, critical success factors (CSFs), and key performance indicators (KPIs). D. A strategy map is a collection of all a firm's activity and structure model diagrams.
Regardless of the size of the coupon payment, the price of a bond moves in the opposite direction to interest rate movements. For example, if interest rates rise, bond prices fall.
Answer the following statement true (T) or false (F)