To manage transactions with the organizational environment effectively, managers should chart the forces in the organization's specific and general environments, noting (a) how rapidly these forces change, and (b) the extent and nature of competition, which affects how rich or poor the environment is. Discuss these ideas with reference to the case. (Amazon.)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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To manage transactions with the organizational environment effectively, managers should chart the forces in the organization's specific and general environments, noting (a) how rapidly these forces change, and (b) the extent and nature of competition, which affects how rich or poor the environment is. Discuss these ideas with reference to the case. (Amazon.)
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