Concept Check chp3

Concept Check chp3 - Anthony Polzine Concept Check Chp 3...

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Anthony Polzine Concept Check Chp 3 BUAD 422-005 1. The three basic characteristics of changing external environment is environmental change, complexity, and resource scarcity. External environment is the rate which a company’s general and specific environment change. Environmental complexity is the number of external factors in the environment that affect organizations. Resource Scarcity is the degree to which an organization’s external environment has an abundance of scarcity of critical organizational resources. 2. Characteristics of changing environment affect uncertainty because the higher the characteristics the less inclined these managers feel they can understand, predict, and effectively react to the trends affecting their business. 3. The difference between the general and specific business environments is that the general environment indirectly affects all organizations and the specific directly affects how companies do business. 4.
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Concept Check chp3 - Anthony Polzine Concept Check Chp 3...

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