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Author Question: Due to the large size of the economy, organizations in the United States are insulated from global ... (Read 57 times)

imanialler

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on: Jul 6, 2018
Due to the large size of the economy, organizations in the United States are insulated from global economic failures.
 
  Indicate whether the statement is true or false.

Question 2

The overall trend toward globalization is part of the political component of an organization's external environment.
 
  Indicate whether the statement is true or false.
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nanny

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE
Explanation: Because we live in a connected world, managers need to be aware of the impact of the external environment on their organization, including global financial markets, which have a large impact on the U.S. economy.

Answer to Question 2

Answer: FALSE
Explanation: Globalization is part of the global component of an organization's external environment.


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