correct answers 100% 2026
general environment - Correct Answerset of broad dimensions and forces in an organization's
surrounding
task enviornment - Correct AnswerSpecific organizations or groups that influence an
organization
technological dimension - Correct Answerthe methods available for converting resources into
products or services
competitor - Correct Answeran organization that that competes with other organizations
customer - Correct Answerwho every pays money to acquire a company's product or service
supplier - Correct Answeran organization that provides resources for other organizations
strategic partners - Correct Answeran organization working together to mutually benefit each
other(target and starbucks)
Regulator - Correct AnswerA unit that has the potential to control legislate, or otherwise
influence the organization's policies and practices
Regulatory agencies - Correct Answeragency created by the government to regulate business
activities
interest group - Correct Answera group organized by it's members to attempt to influence
business
, owner - Correct Answerwho have can claim property rights to an organization
board of directors - Correct AnswerGoverning body elected by corporation's stockholders and
charged with overseeing the general management of the firm to ensure that it is being run in
the best way possible to benefit stock holders
Five competitve forces - Correct AnswerThe threat of new entrants, competitive rivalry, threat
of substitute products, the power of buyers, and the power of suppliers
Threat of new entrants - Correct Answernew competitors can easily enter a market or market
segment
Competitive Rivalry - Correct Answercompetitive relationships between dominant firms in the
industry
The threat of substitute products - Correct Answerthe possibility of other products or services
replaces another product or service
The power of buyers - Correct Answerbuyers influence suppliers
the power of suppliers - Correct Answersuppliers influence potential buyers
systems resource approach - Correct Answerfocuses on the extent to which the organization
can acquire the resources it needs
internal processes approach - Correct Answerdeals with the internal mechanisms, and focuses
on minimizing strain, integrating individuals, and conducting smooth and efficient organizations