ORGMAN Quiz

The events and trends inside an organization that affect management, employees and organizational culture.

• Internal Environment

• External Environment

• General Environment

• Specific Environment

Forces and events outside a company that have the potential to influence or affect it.

• Internal Environment

• External Environment

• General Environment

• Specific Environment

It provide resources to businesses like raw material, machinery or equipment, etc.

• Supplier

• Customer

• Employee

• Competitors

It is the rivals of businesses that can directly affect business strategies.

• Suppliers

• Customers

• Competitors

• Employees

WHICH IS NOT PART OF EXTERNAL ENVIRONMENT?

• MICROENVIRONMENT

• MACROENVIRONMENT

• INTERNAL ENVIRONMENT

A form of business structure where people distribute and share both income and losses among themselves.

Answer explanation

Partnership

A form of a business structure wherein the owner takes full responsibility of all profits and losses.

Answer explanation

Sole Proprietorship

It is a form of business organizations usually owned by one person, usually, the individual who has day-to-day responsibility for running the business.

• Partnership

• Corporation

• Incorporation

• Sole Proprietorship

It is a form of business organizations wherein two or more people share ownership of a single business.

• Partnership

• Corporation

• C Corporation

• Sole Proprietorship

It is a form of business organization that is considered by law to be a unique entity, separate from those who own it.

• Partnership

• Corporation

• Non-Profit Corporation

• Sole Proprietroship