Chapter 1-15 Answer are at the End of Each Chapter Chapter 1 Student name: TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) A key feature of organizations is that their members have a defined and agreed upon collective sense of purpose. ⊚ true ⊚ false 2) One key feature of organizations is that they are collective entities. ⊚ true ⊚ false 3) The open systems view emphasizes that organizations survive by adapting to changes in the external environment. ⊚ true ⊚ false 4) Stakeholders of an organization are shareholders, customers, suppliers, governments, and any other groups that affect or are affected by the company’s objectives and actions. ⊚ true ⊚ false 5) Organizational efficiency is conside