Asked by Hattie Overbo on Apr 28, 2024
Verified
Economic,political,cultural and other factors that lie outside an organization and affect the way it works are called:
A) international competition
B) bureaucratic norms
C) bureaucratic hierarchy
D) organizational environment
E) networks
Organizational Environment
The set of external and internal conditions, including social, economic, and political factors, that affect how an organization operates.
Economic Factors
Elements that influence the economy of a region or country, including inflation, unemployment, and interest rates.
- Describe factors influencing organizational performance and structure.
Verified Answer
CS
Charles SimpsonApr 30, 2024
Final Answer :
D
Explanation :
Organizational environment refers to all the external factors such as economic, political, cultural, technological, legal, and social factors that affect an organization's functioning. These factors influence organizational behavior and decision-making processes. Understanding these factors is essential for organizations to plan and implement effective strategies.
Learning Objectives
- Describe factors influencing organizational performance and structure.
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