In the Context of Organizational Direction, the Term Business Refers

question 342

Multiple Choice

In the context of organizational direction, the term business refers to

• A) the daily operational decisions that must be implemented for an organization to remain viable.
• B) exchange transactions between seller and buyer in order for the seller to make sales and earn profits.
• C) the clear, broad, underlying industry or market sector of an organization's offering.
• D) an organization that develops an offering.
• E) the objectives of a firm and the strategies and tactics that will allow it to achieve them.

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Definitions:

Capsid

Protein coat surrounding the nucleic acid of a virus.

Envelope

A flat, usually rectangular or square paper container used for sending letters or documents, or the outer covering of a structure.

Pilus

A hair-like appendage found on the surface of many bacteria, involved in adhesion to surfaces and in bacterial conjugation.

Endotoxins

Toxic substances bound to the bacterial cell wall and released when the bacteria disintegrates.