Customers and competitors are two important sectors of the economic dimension of a
firm’s general environment.
a. True
b. False
The general environment dimension that includes consumer purchasing power, the
unemployment rate, and interest rates is called the:
a. legal-political dimension.
b. sociocultural dimension.
c. technological dimension.
d. economic dimension.
e. task dimension.
______ refers to the activities undertaken to attract, develop, and maintain an effective
workforce within an organization.
a. Human resource management
b. Recruitment
c. Talent search
d. Strategic management