The Global Environment

question 197

Multiple Choice

The global environment:

• A) is a new frontier.
• B) is far reaching and affects all the other business environments.
• C) is shrinking.
• D) has not affected the United States due to its strong gross domestic product.

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Definitions:

National Wealth

The total value of all financial assets and resources owned by a country's government, businesses, and individuals.

Richest 1%

The segment of the population that holds the largest share of wealth, often involved in significant economic and policy-making decisions.

Americans

Denotes the citizens or people of the United States of America.

Social Stratification

The hierarchical arrangement of society into different classes or groups based on factors like wealth, occupation, or race.