Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 8.3, Problem 1CC
Describe a firm’s macro environment.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
1. What are the advantages/ disadvantages of good communication in the workplace. Give one reference with your answer.
2. Give Two scenarios/examples where good communication can enhance productivity in the workplace.
3. Which type of communication should be used in the workplace and why. Provide one reference with your answer.
1. Define good communication as it relates to the workplace and why is it vital among employees. Provide one reference with your answer.
2. Give five ways as to how good communication promotes productivity and efficency in the workplace. Give examples and provide one reference with your answer.
3. List ways good communication can be maintained with in the workplace. Give one reference with your answer.
1. Define good communication as it relates to the workplace and why is it vital among employees. Provide one reference with your answer.
2. Give five ways as to how good communication promotes productivity and efficency in the workplace. Give examples and provide one reference with your answer.
3. List ways good communication can be maintained with in the workplace. Give one reference with your answer.
Chapter 8 Solutions
Principles of Management
Ch. 8.1 - Why do managers use strategic analysis?Ch. 8.1 - How are internal factors different from external...Ch. 8.2 - Explain the elements of a SWOT analysis.Ch. 8.2 - What information does a SWOT analysis provide...Ch. 8.3 - Describe a firms macro environment.Ch. 8.3 - What does PESTEL stand for? How do managers use...Ch. 8.3 - How would you approach this issue if you were the...Ch. 8.3 - What PESTEL challenges is LEGO trying to address...Ch. 8.3 - Explain what favorable PESTEL factors support...Ch. 8.4 - Describe each of Porters Five Forces. What...
Ch. 8.5 - What are firm resources and capabilities?Ch. 8.5 - Describe a value chain and what the activities in...Ch. 8.5 - What is VRIO? What questions do the letters stand...Ch. 8.5 - What resource or capability challenges have Uber...Ch. 8.5 - What PESTEL factors do you think are contributing...Ch. 8.5 - What industry challenges (think of Porters Five...Ch. 8.6 - What is competition, and what is the role of...Ch. 8.6 - When does a firm have a competitive advantage over...Ch. 8.6 - Explain the differences between the three...Ch. 8.7 - How does strategic analysis help a firm develop...Ch. 8 - Why do managers use strategic analysis?Ch. 8 - What information does a SWOT analysis provide...Ch. 8 - Describe a firms macro environment and how...Ch. 8 - What is a firms micro environment, and why is it...Ch. 8 - What is an industry, and how do Porters Five...Ch. 8 - What are firm resources and capabilities, and what...Ch. 8 - When does a firm have a competitive advantage over...Ch. 8 - What are generic competitive strategies, and how...Ch. 8 - What do strategic group members have in common...Ch. 8 - How does strategic analysis help a firm develop...Ch. 8 - What PESTEL factors supported Teslas success?...Ch. 8 - How has Teslas strategic position changed since it...Ch. 8 - What kind of responses would you expect from...
Additional Business Textbook Solutions
Find more solutions based on key concepts
(Record inventory transactions in the periodic system) Wexton Technologies began the year with inventory of 560...
Financial Accounting (12th Edition) (What's New in Accounting)
Problems encountered while comparing companies based on the ratios. Introduction: Ratio establishes the relatio...
Gitman: Principl Manageri Finance_15 (15th Edition) (What's New in Finance)
Sykes Corporations comparative balance sheets at December 31, Year 2 and Year 1, reported accumulated depreciat...
Intermediate Accounting (2nd Edition)
Define cost pool, cost tracing, cost allocation, and cost-allocation base.
Horngren's Cost Accounting: A Managerial Emphasis (16th Edition)
To what does the lifetime value of the customer refer, and how is it calculated?
MARKETING:REAL PEOPLE,REAL CHOICES
11-13. Discuss how your team is going to identify the existing competitors in your chosen market. Based on the ...
Business Essentials (12th Edition) (What's New in Intro to Business)
Knowledge Booster
Similar questions
- 1. Define good communication as it relates to the workplace and why is it vital among employees. Provide one reference with your answer. 2. Give five ways as to how good communication promotes productivity and efficency in the workplace. Give examples and provide one reference with your answer. 3. List ways good communication can be maintained with in the workplace. Give one reference with your answer.arrow_forwardNeed help with this question solution general accountingarrow_forwardYou’re a senior manager at a growing business, and you’re ready to add employees. Your HR manager has recommended a temp-to-perm policy. You know the advantages of this approach, but what might be some of the disadvantages? Assume that you’re a prospective job seeker (which you may very well be). What do you personally see as the advantages and disadvantages of taking a temp-to-perm position? Under what circumstances are you most likely to take a temp-to-perm position? What sort of challenges are likely to confront a manager who supervises a mix of temporary and permanent employees? In what ways might these challenges differ if the temporary workers have been hired on a temp-to-perm basis rather than on a strictly temporary basis?arrow_forward
- When interviewing someone, what are some of the most important things you would be considering relative to your decision to hire the candidatearrow_forwardthis is not about management but I can't scroll down to see other options for the subject. anyway, here's my question. is bartleby.com a digital library? and what does it have that other digital libraries don't?arrow_forwardWhich articles can be used? Where could we get the articles? How to provide three annotations from the articles for each problem statement sentence (3)? Could you help explain Problem, the Impact, the Cause and the Goal and gives the examplesarrow_forward
- please provide a fully detailed Sourcing Strategy Discussing the strategies outlined in the course material your company can choose from and recommend with justification the strategy your company will adopt, please provide a fully detailed Supply Chain Management from the information provided in the course material, discuss how you will develop a global sourcing strategy for CaribGlow products. (identify and describe any THREE of the activities listed)for a skincare line based in Barbados. Please include in-text citations and references within 2019-2025 and use the following pictures as a guidearrow_forward) Based on the categories of alternative organizational strategies do Select one appropriate category for a product provider companyo Identify one strategy from the selected category which you plan to pursueto ensure success applicable to the scenario presented.o Explain how the product (event planning and gift boxes) you are offering would be implementedthrough this category.b) Given the product or service which your business proposes to offer, assess the threestages of the strategy-formulation framework, discussed in the course.o For each stage, include one (1) tool in your assessment.arrow_forwardSuggest, three ways, your company (service provider) can attain asustainable competitive advantage in the local market. Give rationales for youranswer.arrow_forward
- please provide a fully detailed Sourcing Strategy Discussing the strategies outlined in the course material your company can choose from and recommend with justification the strategy your company will adopt, and Supply Chain Management from the information provided in the course material, discuss how you will develop a global sourcing strategy for CaribGlow products. (identify and describe any THREE of the activities listed)for a skincare line based in Barbados. PLease include in-text citations and references within 2019-2025.arrow_forward| do not copy from another same ques answer,i need differe nt one. Task Description: One of the most important questions faced by business leaders in the strategic marketing process is a choice of timing to launch new product/technologies and enter new markets. There are two options: to be a pioneer or to be a follower. Both have advantages and risks, the relative success of each strategy depends on several factors, both internal and external. Tasks: Answer the following essay questions: 1. What are the advantages of being a pioneer and follower company? Provide examples of successful pioneer and follower companies. 2. What product life cycle strategies do successful pioneer and follower companies implement to increase growth and maintain a strong competitive advantage? Provide examples of companies to support statements made. Follow instruction: 1. Word: within 2500 word, not bellow 2400. 2. Give table, charts, diagrams, graphs and images should be properly cited and properly named.arrow_forwardHow can I fill the bullet points below to my strength? Strength: Received a scholarship to attend my University. Situation: Task: Action: Result:arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning- MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing