__________ refers to those institutions or forces outside the organization that potentially affect the organization's performance.A.StrategyB.InnovationC.EnvironmentD.Organizational structure
Question
__________ refers to those institutions or forces outside the organization that potentially affect the organization's performance.A.StrategyB.InnovationC.EnvironmentD.Organizational structure
Solution
The correct answer is C. Environment. This term refers to the institutions or forces outside an organization that have the potential to affect its performance. These can include economic conditions, competitors, customers, suppliers, and various laws and regulations.
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