Read each statement and write in the letter corresponding to the external enviro
ID: 396370 • Letter: R
Question
Read each statement and write in the letter corresponding to the external environmental factor it refers to.
A. customers
B. competition
C. suppliers
D. labor force
E. shareholders
F. society
G. technology
H. the economy
I. governments
1. The CEO was fired by the owners because our company is not profitable.
2. GE wanted to acquire our company, but the SEC said that would be in violation of antitrust laws, thereby preventing the deal.
3. Karen bought a new oven that will cook our pizza in half the time and make it taste even better.
4. eHarmony online dating service is losing some customers to other services focusing on Christian, African-American, and older people seeking matches.
5. Our purchasing agent just closed a deal that will let us buy sugar for a few cents less per pound, saving us thousands of dollars per year.
Explanation / Answer
1. The CEO was fired by the owners because our company is not profitable.
The corresponding word suitable to external envirnment are - Economy, Shareholder. beacuse firing of CEO is due to poor economy and shareholder's inputs.
2. GE wanted to acquire our company, but the SEC said that would be in violation of antitrust laws, thereby preventing the deal.
The corresponding word suitable to external envirnment are - Government , Competition, Labor Force , as these are the external forces aplicable for this point.
3. Karen bought a new oven that will cook our pizza in half the time and make it taste even better.
The corresponding word suitable to external envirnment are Competition, Technology and Customer.
4. eHarmony online dating service is losing some customers to other services focusing on Christian, African-American, and older people seeking matches.
The corresponding word suitable toexternal envirnment are - Customers, Society and Technology
5. Our purchasing agent just closed a deal that will let us buy sugar for a few cents less per pound, saving us thousands of dollars per year.
The corresponding word suitable toexternal envirnment are Suppliers, Competitors and Economy
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