Asked by Heather Shipley on May 26, 2024
Verified
External networks typically include customers,suppliers,regulatory agencies,pressure groups,professional peers,and friends.
External Networks
Connections and relationships formed outside an organization's immediate environment, often used for strategic advantages.
Regulatory Agencies
Governmental bodies responsible for overseeing and enforcing laws and regulations within specific industries to protect public interest.
- Appreciate the significance of interpersonal and organizational networks and their role in shaping business dynamics.
Verified Answer
CW
Caleb WeinmannMay 29, 2024
Final Answer :
True
Explanation :
External networks can indeed include all of the listed parties, such as customers, suppliers, regulatory agencies, pressure groups, professional peers, and friends.
Learning Objectives
- Appreciate the significance of interpersonal and organizational networks and their role in shaping business dynamics.
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