The Competitive Environment Should Be Analyzed When Looking at The_________

question 24

Multiple Choice

The competitive environment should be analyzed when looking at the_________ environment.

• A) Social
• B) Political
• C) Internal
• D) External

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Definitions:

Supplier

A person or organization that provides goods or services to another entity, typically as part of a supply chain.

Cash

Currency and other liquid instruments in a financial system or on a company's balance sheet used for transactions or settling debts.

Inventory

The goods and materials that a business holds for the purpose of resale or production.

Credit

The trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources at a later date.