composed of all the outside influences that impact business operation
What is the External Business Environment?
the ability to adapt to an unfamiliar way of doing things
What is Cultural Intelligence?
Maintains stability through profit-making activities
What is a for-profit business?
obligation of decision makers to take actions which protect and improve the environment as a whole, along with their own interests
process where an organization collects and interprets data to identify external opportunities and threats
What is Environmental Scanning?
the degree to which society emphasizes the individual over the collective
What is Time Orientation?
when the present needs of a generation are met but does not hinder or threaten the ability of the future generation to meet their own needs
What is sustainable economic development?
Formed to meet the demands of the current work environment
What is an open/flexible business?
The obligation of decision makers to take actions which protect and improve the environment as a whole, along with their own interests
What is Environmental Responsibility?
SLEPT Analysis
What are the Social, Legal, Economic, Political, and Technological influences?
the degree to which society values assertiveness and feelings of material success over concern for relationships
What is Masculinity-Femininity?
Assign experts or specialists to work together and exhibit dual working relationships
What is a matrix business organization?
The community from which the business draws its resources
What is a stakeholder?
degree to which society emphasises short-term thinking over greater long-term thinking
What cultural dimension is Indidvidualism-collectivism?
The year the MDGs were set for
What was set for 2015?
Has few rules and changes form as it expands
What is a simple business?
Name three of the Sustainable Development Goals
should understand this to decide what products, services will include
What are demographics?
degree to which society accepts or rejects unequal power distribution
A framework based want for a sustainable inclusive growth
What is the Philippines Development Plan?
Employees continuously work and then disband once project is completed
What is a project business structure?
Name four of the MDGs