Which of the following internal factors directly affect the planning and decision-making process within an organization?
i. Company mission and objectives
ii. Research and development (R&D) capabilities
iii. Economic inflation rate
iv. Value system of the founders
Ai, ii and iv
Bi and ii
Ci, ii and iii
Dii, iii and iv
Related Questions:
Read the following statements about special economic zones (SEZ) and Infopark:
Infopark, Kochi received SEZ status in 2006 from the Central Government.
SEZ status generally provides tax and regulatory benefits to promote investment.
SEZ designation only applies to agricultural projects in Kerala.
Which statements are correct?
According to Ferrell and Gresham’s Multi-Stage Model:
Individual moral compass, organizational culture, and opportunity influence ethical actions.
Industry norms and cultural standards play no role in ethical decision-making.
Which of the following are characteristics of a dynamic business environment?
i. It remains the same over time, regardless of changes in society or technology.
ii. It requires businesses to adapt continuously due to external influences and shifting trends.
iii. It is influenced by factors such as technological advancements and government policy changes.
iv. Organizations can completely control all aspects of their environment.
Consider the following statements regarding Consequence-Based Decision-Making:
It evaluates a decision by considering outcomes like benefits, costs, and human well-being.
It always ensures that individual emotions and values are given prime importance.
Which of the above statements is/are correct?
