Answer:
Explanation:
External environment refers the factors that play outside the company that management of an organisation has no power over. These factors influence the strategic and operational decision of the business even though they are outside the control of management. External environment is subdivided into two: the general environment and the specific environment.
The general environment refers to the factors that affects all businesses in general in respective of their niche or domain of operation. These factors include political, legal, economic and social. Example of issues that can arise in general environment include war, inflation, economic recession and religion.
In contrast, specific environment contains factors peculiar to an industry, firm and domain of operation. These are different across the industries in which organisations operate. Paying close to what happen in the specific environment is very important for business to survive because they directly influence the success or otherwise of a business operation. The agents that play in the specific environment are competitors, customers, investors and other stakeholders group.
Newspapers were careful not to offend royal officials because these officials wielded a lot of power. These were officials who were either royal themselves or worked closely/directly with members of the royal family. They then had a lot of power and influence and could greatly affect the business of the newspapers. For example, a nasty article about a royal official could lead to the shutting down of the newspaper or its printing press. They could arbitrarily wield their power, money, and influence to knock down those who disgrace or humiliate them. This is especially true if any of the newspapers print any false or inaccurate materials.
Answer:
1. Recognize that good corporate governance is not just about compliance. ...
2. Clarify the board's role in strategy and risk management. ...
3. Monitor organizational performance. ...
4. Build a skills-based, diverse board. ...
5.Appoint an effective, competent chairperson. ...
6. Support equal voices for all board members
<span>This phenomenon would illustrate deindividuation. Deindividuation is when a person joins a group and then takes on the group's identity and behavioral attitudes. The person might then carry out actions or take certain view points that the group has even though it is something they would not normally do by themselves.</span>
