Choose an organization, and ask a manager in that organization to list the number and strengths of forces in the organization’s task environment. Ask the management to pay particular attention to identifying opportunities and threats that result from pressures and changes in customers, competitors, and suppliers.
Answer to relevant QuestionsDescribe the main forces in the global task environment that are affecting the organization. Evaluate the main barriers to entry into the copying business. Why do capable managers sometimes make bad decisions? What can individual managers do to improve their decision-making skills? How much information did you have about each alternative? Were you making the decision on the basis of complete or incomplete information? 1. Which aspect of LaserMonks’ formula—quality products, competitive prices, or social entrepreneurship—would increase the chance that you would buy from this company? 2. Which entrepreneurial characteristics does ...
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