A firm's task environment includes
A) owners and the board of directors.
B) competitors, suppliers, and customers.
C) employees and culture.
D) economic and sociocultural factors.

Question

Quizplus · Accepted Answer

A firm's task environment consists of external factors that directly affect the organization's operations, including competitors, suppliers, and customers. The other options (A, C, and D) may also be important to the firm, but they are not part of the task environment. For example, owners and the board of directors are part of the internal environment, not the task environment. Employees and culture may be influenced by the task environment, but they are not considered part of it. Economic and sociocultural factors may have an indirect effect on the firm, but they are typically considered part of the general environment.

A Firm's Task Environment Includes