A Force in the Environment to Which Businesses Must Respond

question 44

Multiple Choice

A force in the environment to which businesses must respond and that influences the direction of the business is called a business

• A)driver.
• B)threat.
• C)process.
• D)matrix.
• E)strategy.

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Definitions:

World Wars

Major global conflicts involving many of the world's nations; notably, the two occurrences in the 20th century (1914-1918 and 1939-1945).

Corporate Greed

The pursuit of excessive profit by businesses at the expense of ethical standards, workers' rights, and the public good.

Globalization

The process of increased interconnectedness and interdependence of the world's markets and businesses.

American Culture

A complex blend of customs, traditions, beliefs, and values that characterize the social behavior and societal norms in the United States.