Author Question: Due to the large size of the economy, organizations in the United States are insulated from global ... (Read 56 times)

imanialler

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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.


nanny

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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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