Indicate whether the statement is true or false

True:

An organization gets affected by the environment. For example, if a supplier reduces the credit period, then organization has to keep more funds in the business to make payments. Also, companies often get affected when a new technology is introduced in the industry. Companies have to use new machines and equipment for upgrading their operations.

Similarly, an organization also affects the environment. In case, an organization provide better customer services, then customers start expecting the same level of services from other organizations as well.