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MGT103 - Chapter 2 Exam Questions and Answers 100% Pass

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MGT103 - Chapter 2 Exam Questions and Answers 100% Pass 1. Which of the following is a part of an organization's external environment? a. Board of directors b. Physical work environment c. Inflation d. Organization's culture e. Employees - c 2. In Asia, consumers have historically had an aversion to debt. However, in recent years credit card use has grown significantly, supported by aggressive marketing to promote growth in the region. This example comprises the _____dimension of an organization's general environment. a. economic b. technological c. sociocultural d. political-legal e. task - a 2 | P a g e Author. Barrett, ©2025 All Rights Reserved. 3. A business manufactures top-of-the-line cabinets. The _____ dimension of its general environment includes computer-assisted design software that helps to convert wood and people's idea into lovely, functional cabinets. a. legal b. sociocultural c. technological d. political e. economic - c 4. Alex, one of the proprietors of Atlas Corp. is worried. The stock market was not doing well, unemployment was 10 percent, inflation was on the rise again, and government debt was still increasing. These concerns of Alex are related to the _____ dimension of the general environment of Atlas Corp. a. legal b. sociocultural c. technological d. political e. economic - e 5. The set of broad dimensions and forces in an organization's surroundings that determines its overall context is called the _____ environment. a. task b. general c. physical work 3 | P a g e Author. Barrett, ©2025 All Rights Reserved. d. regulatory e. ethical - b 6. Which of the following is a concern of the technological dimension of an organization's general environment? a. Organization's policies and practices b. Inflation, interest rates, and unemployment c. Tools, methods, and technology d. Government regulations e. Offices, production facilities, and cafeteria - c 7. A company would begin to do business in another country only if the trade relationships with that country are relatively well defined and stable. In the context

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MGT 103
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MGT 103

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Uploaded on
January 8, 2025
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MGT103 - Chapter 2 Exam Questions
and Answers 100% Pass

1. Which of the following is a part of an organization's external environment?


a. Board of directors


b. Physical work environment


c. Inflation


d. Organization's culture


e. Employees - ✔✔c


2. In Asia, consumers have historically had an aversion to debt. However, in recent years credit card use

has grown significantly, supported by aggressive marketing to promote growth in the region. This

example comprises the _____dimension of an organization's general environment.


a. economic


b. technological


c. sociocultural


d. political-legal


e. task - ✔✔a




Author. Barrett, ©2025 All Rights Reserved.

,2|Page


3. A business manufactures top-of-the-line cabinets. The _____ dimension of its general environment

includes computer-assisted design software that helps to convert wood and people's idea into lovely,

functional cabinets.


a. legal


b. sociocultural


c. technological


d. political


e. economic - ✔✔c


4. Alex, one of the proprietors of Atlas Corp. is worried. The stock market was not doing well,

unemployment was 10 percent, inflation was on the rise again, and government debt was still increasing.

These concerns of Alex are related to the _____ dimension of the general environment of Atlas Corp.


a. legal


b. sociocultural


c. technological


d. political


e. economic - ✔✔e


5. The set of broad dimensions and forces in an organization's surroundings that determines its overall

context is called the _____ environment.


a. task


b. general


c. physical work




Author. Barrett, ©2025 All Rights Reserved.

, 3|Page


d. regulatory


e. ethical - ✔✔b


6. Which of the following is a concern of the technological dimension of an organization's general

environment?


a. Organization's policies and practices


b. Inflation, interest rates, and unemployment


c. Tools, methods, and technology


d. Government regulations


e. Offices, production facilities, and cafeteria - ✔✔c


7. A company would begin to do business in another country only if the trade relationships with that

country are relatively well defined and stable. In the context of general environment, which of the

following does this point of view reflect?


a. Task


b. Economic


c. Technological


d. Political-legal


e. Competitive - ✔✔d


8. The _____ dimension of the general environment consists of government regulation of business and the

relationship between business and government.


a. technological


b. task



Author. Barrett, ©2025 All Rights Reserved.

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