Question: For each example in the following table, choose whether it belongs in the general, task, or internal environment. Example Environment Increased regulation of banks and
For each example in the following table, choose whether it belongs in the general, task, or internal environment.
Example
Environment
Increased regulation of banks and mortgage lenders regarding the loans they issue
Auditors from the Internal Revenue Service IRS sent to review a company's tax
records
A reminder to employees that businesscasual attire is permitted only on Fridays
A worldwide recession
High job satisfaction ratings from current employees
Management in the News
The April explosion of British Petroleum's BP Deepwater Horizon oildrilling rig, and the accompanying oil spill, dramatically changed the
external environment in which all oil companies operate. The explosion released more oil than any other accidental spill in history and had a
huge impact on the waters and surrounding communities of the Gulf Coast. The conditions that led to the spill, the attempts to stop the spill, and
the cleanup and aftermath of the spill prompted debates in the United States Senate, concern on Wall Street, and attention from companies
throughout the world.
Match each event in the following table with a specific dimension of the general environment.
Event
General Environment Dimension
Courts setting a precedent that of civil penalties paid in connection with the oil
spill be used for economic and environmental activities benefiting the Gulf Coast
Nervousness of investors about putting money into energy company stocks
Identifying new ways to measure the pressure with which oil was flowing from the
deepsea wellEvent
Other oil companies increasing their market share while BP focused its resources on
addressing the oil spill
BPs offering biofuels, such as ethanolgasoline blends, at its service stations
A potential BP vendor documenting that it meets BPs environmental and ethical
standards
BP and state employment agencies training individuals to monitor the Gulf Coast
beaches and be activated for environmental cleanup as needed
Protestors, who belong to a special interest group, outside BP service stations,
bringing attention to the oil spill's effects on wildlife
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
