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Multiple Choice Questions CHAPTER INTRODUCTION 116. In the 21st century, managers are learning to succeed in a world of __________. A. Information and technology utilization. B. Quality and speed. C. Customer service. D. B and C. E. A, B, and C. E GT Fa 117. Contemporary managers are learning to do many things because of the impact of the 21st century environment. Which of the following is NOT one of the things that contemporary managers are learning to do? A. Contemporary managers are learning how to succeed in a world of intense competition. B. Contemporary managers are learning how to succeed in an environment of continued globalization of markets and business…show more content…
A. Economic conditions. B. Social-cultural conditions. C. Legal-political conditions. D. Extent and nature of competition. E. Technological conditions. D GT Fa 127. Economic conditions in the general environment include __________. A. Philosophy and objectives of the political party or parties running the government, as well as laws and governmental regulations. B. Inflation, income levels, gross domestic product, unemployment, and job outlook. C. Norms, customs, and social values regarding human rights; trends in education and related social institutions; and demographic patterns in society. D. Development and availability of technology, including scientific advancements. E. Nature and conditions of the natural environment, including levels of pubic concern expressed through environmentalism. B GT Fa 128. Social-cultural conditions in the general environment include __________. A. Philosophy and objectives of the political party or parties running the government, as well as laws and governmental regulations. B. Inflation, income levels, gross domestic product, unemployment, and job outlook. C. Norms, customs, and social values regarding human rights; trends in education and related social institutions; and demographic patterns in society. D. Development and availability of technology, including scientific
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