For a Company Such as Shell Drilling for Oil and Gas

question 50

Multiple Choice

For a company such as Shell drilling for oil and gas in Bass Strait, a bank would be an example of what kind of factor in their specific environment?

• A)competitor
• B)supplier
• C)special interest group
• D)government agency
• E)customer

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Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.

Supreme Court

The highest judicial court in a country or state, which has the ultimate judicial authority.

Real Wages

The purchasing power of wages, considering the effects of inflation and cost of living.