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:

Production Inputs

Resources such as labor, materials, and capital that are used in the production process of goods and services.

Binding Precedent

Legal cases that establish a rule or principle of law that must be followed by lower courts in the same jurisdiction in future cases of similar nature.

Legal Issues

Matters or disputes that involve laws, legal principles, or proceedings.

Remedies Sought

The legal means or actions pursued by a plaintiff or complainant in a lawsuit seeking relief or justice for grievances.