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| Chapter 3
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| Multiple Choice Questions
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This activity contains 8 questions.
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| Which one of the following is not a part of the external environment of an organization?
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| social factors
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| political factors
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| legal factors
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| organizational culture
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| Identify the odd one out of the following factors
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| organizational structure
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| HR systems
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| business strategy
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| technology
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| The first recorded human resource management initiative was made during
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| the pre-industrial revolution era
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| the First World War era
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| the Second World War era
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| None of the above
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| What is the most important contribution of the Hawthorne studies?
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| the discovery of the informal relationship and social groups among employees
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| the significance of lighting and ventilation for performance
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| the difference in the performance of male and female employees
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| the relationship between the behaviour and performance
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| The term environmental scanning stands for
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| gathering data about the organization and its surroundings
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| collecting information about the shareholders
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| gathering information relating to the employees
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| none of the above
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| McGregor’s Theory X and Theory Y was introduced during
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| the First World War
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| the Industrial revolution
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| the Second World War
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| the human relations movement
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| One of the important assumptions of the ----------perspective is that uncertainty in environment is more of an internal problem and less of an external problem
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| objective environment perspective
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| perceived environment perspective
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| enacted environment perspective
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| none of the above
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| When an organization creates its own environment out of its knowledge of the environment, it has created a/an
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| enacted environment
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| perceived environment
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| objective environment
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| none of the above
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Which of the following is not a part of organization's internal environment?
Answer and Explanation: The correct answer is D) competitors. Competitors are not categorized as part of an organization's environment; they are not involved in organizational decision-making and development strategies.
Which of the following is part of the internal environment of an organization?
An organization's internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior.
Which of the following is not part of internal factors?
The market risk premium is the difference between the expected return on a market portfolio and the risk-free rate. It does not form a part of internal factors affecting the WACC of a firm.
What are 5 internal environments?
The factors are: (1) Value System, (2) Mission and Objectives, (3) Organisation Structure, (4) Corporate Culture and Style of Functioning of Top Management, (5) Quality of Human Resources, (6) Labour Unions, and (7) Physical Resources and Technological Capabilities.