Which component of an organizations external environment is concerned with scientific and industrial innovations?

In a short essay, describe and give an example of a sharing economy.

A sharing economy is an economic environment in which asset owners share with other individuals through a peer-to-peer service, for a fee, their underutilized physical assets (such as a home, car, clothing, tools, or other physical assets). Some analysts have included the sharing of knowledge, expertise, skills, or time, as well.The concept behind the sharing economy (or collaborative consumption) is putting underutilized assets to good use. Asset owners "rent out" assets they're not using to consumers who need those assets but who don't want to or who can't afford to purchase them. Airbnib, Uber, Zipcar and SnapGoods are examples of sharing companies. For instance, SnapGoods is a service through which individuals lend and borrow expensive household items, such as cameras, musical instruments, kitchenware, etc., for a fee.

Which component of an Organisation's external environment is concerned with interest rates and employment levels?

The economic segment centers on the economic conditions within which organizations operate. It includes elements such as interest rates, inflation rates, gross domestic product, unemployment rates, levels of disposable income, and the general growth or decline of the economy (Figure 3.5 “Economic Factors”).

Which of the following may be an example of the external environment of an organization?

Example of external environment are Institutions, organizations, forces operating outside the company.

Are any constituencies in the organization's external environment that are affected by the organization's decisions and actions?

Stakeholder: any constituencies in an organization's environment that are affected by that organization's decisions and actions.

Which of the following is not involved with the demographic component of an Organisation external environment?

(C) The demographic component of an organization's external environment involves issues that relate to broad population characteristics such as age, income, number of people in a family, education level, and so on. Values are not measurable on this broad level, so they are not considered a demographic trait.

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