#1
Which of the following is not an environmental factor affecting management?
Organizational structure
ExplanationOrganizational structure is an internal factor, not an environmental one.
#2
Which of the following is an example of an external environmental factor in management?
Competitor's actions
ExplanationCompetitor actions are external factors influencing the business environment.
#3
Which of the following is not a component of PESTEL analysis in environmental management?
Educational factors
ExplanationEducational factors are not typically considered in PESTEL analysis.
#4
Which of the following is not an example of a micro-environmental factor in management?
Political stability
ExplanationPolitical stability is a macro-environmental factor, not micro.
#5
Which of the following is not a component of the external environment in management?
Organizational culture
ExplanationOrganizational culture is an internal factor, not part of the external environment.
#6
Environmental scanning is important in management because:
It helps in predicting future trends and changes
ExplanationEnvironmental scanning aids in anticipating and adapting to future developments.
#7
Which environmental factor can significantly impact the supply chain management of a company?
Political instability in supplier countries
ExplanationPolitical instability can disrupt the supply chain by affecting suppliers.
#8
What is the primary goal of environmental management systems (EMS) in organizations?
To minimize environmental impacts
ExplanationEMS aims to minimize the organization's environmental impacts.
#9
Which environmental factor can directly affect the recruitment and retention of talent?
Organizational culture
ExplanationOrganizational culture significantly impacts talent recruitment and retention.
#10
What is the significance of environmental regulations in management?
They ensure compliance with ethical standards
ExplanationEnvironmental regulations ensure ethical and legal compliance.
#11
How can natural disasters affect supply chain management?
By causing delays in production and distribution
ExplanationNatural disasters can lead to production and distribution delays in the supply chain.
#12
What is the main purpose of conducting an environmental impact assessment (EIA) in management?
To minimize environmental risks and impacts
ExplanationEIA aims to minimize risks and impacts on the environment.
#13
How can cultural differences affect management decisions in a multinational corporation?
By creating communication barriers
ExplanationCultural differences can lead to communication challenges in decision-making.
#14
What role does environmental sustainability play in modern management practices?
It can enhance brand reputation and stakeholder trust
ExplanationEnvironmental sustainability boosts brand reputation and trust among stakeholders.
#15
How does climate change impact strategic decision-making in businesses?
It necessitates adaptation and resilience planning
ExplanationClimate change requires businesses to plan for adaptation and resilience.
#16
Which aspect of environmental factors in management is related to stakeholder engagement?
Corporate social responsibility (CSR)
ExplanationCSR is linked to engaging stakeholders in environmental management.
#17
What role does biodiversity conservation play in sustainable management practices?
It enhances ecosystem services and resilience
ExplanationBiodiversity conservation improves ecosystem services and resilience.
#18
How does globalization impact environmental management strategies?
It increases environmental awareness and regulation
ExplanationGlobalization raises awareness and regulatory standards for environmental management.
#19
What is the relationship between environmental sustainability and corporate profitability?
Sustainable practices can enhance long-term profitability
ExplanationEnvironmental sustainability can contribute to long-term profitability.