The General Environment, a Component of the Environment of an Organization

question 76

Multiple Choice

The general environment, a component of the environment of an organization, is also called the:

• A) micro-environment.
• B) macro-environment.
• C) common environment.
• D) competitive environment.
• E) meso-environment.

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Definitions:

Outstanding Shares

The total number of shares of a corporation that have been issued and are in the hands of the public and insiders.

Issued Shares

The total number of shares of stock that have been sold.

Generally Accepted Accounting Principles

A framework of accounting standards, principles, and procedures that companies must follow when compiling their financial statements in the U.S.

Statement of Stockholders' Equity

A financial statement showing the changes in the value of a company's equity over a specific period, due to earnings, losses, and dividends.