Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games
and other kinds of software for consumers. Theodore has just gotten wind that engineers
have developed a new computer system that works like the devices shown in the Steven
Spielberg movie Minority Report in which users can control a sophisticated computer
using their hands in midair. Janice sees this development as highly important to new
games for TJ Soft. Which component of the external environment will affect TJ Soft the
most in this situation?
A) the global component
B) the sociocultural component
C) the economic component
D) the technological component
Which of the following is a frequently cited criticism of formal planning?
A) Plans lock organizations into rigid goals and timetables.
B) Plans take too long to create.
C) Plans create resentment within different levels of the organization.
D) Formal planning works well only for smaller companies.