The General Environment of an Organization's External Environment Contains International,labor,customer,competitor,and

question 68

True/False

The general environment of an organization's external environment contains international,labor,customer,competitor,and supplier components.

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Definitions:

FOB Shipping Point

A shipping term indicating that the buyer assumes ownership and risk of loss of goods at the point of origin, and is responsible for freight costs.

Title

A legal term referring to the official right to own or possess property.

Inventory Records

Documented information about the quantity, type, and location of inventory a business has on hand or in transit.

Inventory Shrinkage

The loss of inventory that occurs due to theft, damage, or errors in counting or documentation.