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The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?
I.  It includes components such as technological, economic, socio-cultural, and international influences.
II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.
III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.
IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.
  • a)
     Only (I) above
  • b)
     Both (I) and (IV) above
  • c)
     Both (II) and (III) above
  • d)
    (I), (II) and (III) above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The external environment of an organization consists of the mega envir...
The following statements are true regarding the task environment of a firm:
II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.
III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.
Statement (I) pertains to the mega environment of a firm and hence is not true.
Statement (IV) is not true as a firm may not be able to directly influence its mega environment, but it can certainly influence its task environment.
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Community Answer
The external environment of an organization consists of the mega envir...
The following statements are true regarding the task environment of a firm:
II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.
III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.
Statement (I) pertains to the mega environment of a firm and hence is not true.
Statement (IV) is not true as a firm may not be able to directly influence its mega environment, but it can certainly influence its task environment.
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The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?I. It includes components such as technological, economic, socio-cultural, and international influences.II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.a)Only (I) aboveb)Both (I) and (IV) abovec)Both (II) and (III) aboved)(I), (II) and (III) aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?I. It includes components such as technological, economic, socio-cultural, and international influences.II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.a)Only (I) aboveb)Both (I) and (IV) abovec)Both (II) and (III) aboved)(I), (II) and (III) aboveCorrect answer is option 'C'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?I. It includes components such as technological, economic, socio-cultural, and international influences.II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.a)Only (I) aboveb)Both (I) and (IV) abovec)Both (II) and (III) aboved)(I), (II) and (III) aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The external environment of an organization consists of the mega environment and the task environment. Which of the following statement(s) is/are true regarding the task environment of a firm?I. It includes components such as technological, economic, socio-cultural, and international influences.II. It consists of specific external elements such as customers and clients, competitors, suppliers, labor supply and government agencies, with which an organization interacts while conducting its business.III. As it depends largely on the products and services offered by the firm and its business location, it may vary from firm to firm.IV. While a firm may not be able to directly influence its task environment, it can certainly influence its mega environment.a)Only (I) aboveb)Both (I) and (IV) abovec)Both (II) and (III) aboved)(I), (II) and (III) aboveCorrect answer is option 'C'. Can you explain this answer?.
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