Question: 1. Describe the six external environment components. Why is it important for managers to understand these components? 2. How has the changed economy affected what

1. Describe the six external environment components. Why is it important for managers to understand these components?

2. How has the changed economy affected what managers do? Find an example in current business periodicals of activities and practices that organizations are using. Discuss it in light of the changed environment.

3. What is Climate Change and Sustainability and how can organizations practice them especially with its bottom line? In addition, list causes of climate change.

4. What impact does Climate Change and Sustainability have on managers and organizations? Mention a real life example.

5. How does the concept of a global village (globalization) affect organizations and managers? Mention the drivers and stages of globalization.

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