MAN2021 Chapter 3 Test Questions
with Guaranteed Pass Solutions 2026
Updated.
A company's triple bottom line represents which aspects? (Choose every correct answer.) -
Answer people
profit
planet
Which group is projected to make up almost 60% of the workforce by 2029? - Answer
Millennials and Gen Zers
A company's decision to move its operations out of the country will affect its employees,
owners, suppliers, distributors, and everyone else who has an interest in the business. All of
these groups together make up the company's _____. - Answer stakeholders
The people inside of an organization who have an important stake in how it performs are the
organization's _____ stakeholders. - Answer internal
A company's external environment consists of which two environments? - Answer general
task
A company's triple bottom line measures which aspects of its performance? (Choose every
correct answer.) - Answer financial
environmental
social
The ten groups that present a company with its daily tasks to handle represent the company's
_____ environment. - Answer task
Millennials in the workforce: (Choose every correct answer.) - Answer are concerned about a
corporation's ethics, motives, and methods
expect more from the organizations they do business with
want work/life balance
expect more from the organizations they work for
, Sofia paid for a haircut and some hair-care products at a local salon. In the task environment,
Sofia would be classified as a _______. - Answer customer
Which broad term identifies anyone impacted by a business, including but not limited to
stockholders, employees, and customers? - Answer Stakeholders
The people or organizations that vie with your company for customers or resources are known
as _____. - Answer competitors
An organization's internal stakeholders consist of - Answer employees, owners, board of
directors
A company or person that provides raw materials, services, equipment, labor, or energy to
another organization is called a(n) _____. - Answer supplier
People who are outside an organization but are still affected by the organization are called the
______. - Answer external stakeholders
A person or an organization that helps another organization sell its goods and services to
customers is called a(n) ______. - Answer distributor
Which groups are parts of the task environment? (Choose every correct answer.) - Answer
Government regulators
Distributors
Local communities
Strategic allies
The macroenvironment is also known as the _______ environment. - Answer general
Those who pay to use an organization's services or to buy their goods are called ______. -
Answer customers
What are two examples of economic forces within a company's general environment? - Answer
bank interest rates
the unemployment rate
Four restaurants that are all seeking to attract the same customers would be categorized as
_______. - Answer competitors
with Guaranteed Pass Solutions 2026
Updated.
A company's triple bottom line represents which aspects? (Choose every correct answer.) -
Answer people
profit
planet
Which group is projected to make up almost 60% of the workforce by 2029? - Answer
Millennials and Gen Zers
A company's decision to move its operations out of the country will affect its employees,
owners, suppliers, distributors, and everyone else who has an interest in the business. All of
these groups together make up the company's _____. - Answer stakeholders
The people inside of an organization who have an important stake in how it performs are the
organization's _____ stakeholders. - Answer internal
A company's external environment consists of which two environments? - Answer general
task
A company's triple bottom line measures which aspects of its performance? (Choose every
correct answer.) - Answer financial
environmental
social
The ten groups that present a company with its daily tasks to handle represent the company's
_____ environment. - Answer task
Millennials in the workforce: (Choose every correct answer.) - Answer are concerned about a
corporation's ethics, motives, and methods
expect more from the organizations they do business with
want work/life balance
expect more from the organizations they work for
, Sofia paid for a haircut and some hair-care products at a local salon. In the task environment,
Sofia would be classified as a _______. - Answer customer
Which broad term identifies anyone impacted by a business, including but not limited to
stockholders, employees, and customers? - Answer Stakeholders
The people or organizations that vie with your company for customers or resources are known
as _____. - Answer competitors
An organization's internal stakeholders consist of - Answer employees, owners, board of
directors
A company or person that provides raw materials, services, equipment, labor, or energy to
another organization is called a(n) _____. - Answer supplier
People who are outside an organization but are still affected by the organization are called the
______. - Answer external stakeholders
A person or an organization that helps another organization sell its goods and services to
customers is called a(n) ______. - Answer distributor
Which groups are parts of the task environment? (Choose every correct answer.) - Answer
Government regulators
Distributors
Local communities
Strategic allies
The macroenvironment is also known as the _______ environment. - Answer general
Those who pay to use an organization's services or to buy their goods are called ______. -
Answer customers
What are two examples of economic forces within a company's general environment? - Answer
bank interest rates
the unemployment rate
Four restaurants that are all seeking to attract the same customers would be categorized as
_______. - Answer competitors
