Which of the Following Statements Is Correct

question 13

Multiple Choice

Which of the following statements is correct?

• A)Managerial decisions are affected primarily by microeconomic forces.
• B)Managerial decisions are affected primarily by macroeconomic forces.
• C)Managerial decisions are affected by both microeconomic and macroeconomic forces.
• D)By and large, managerial decisions are not affected by either microeconomic or macroeconomic forces.

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Definitions:

Financial Accounting Information

Data derived from an organization's financial statements, providing insight into its financial health, performance, and cash flows to stakeholders.

Efficient Allocation

The process of optimizing the distribution of resources across various activities or investments to achieve the highest possible return or efficiency.

Politically Vulnerable

Refers to individuals or groups that are more likely to suffer from political instability, policy changes, or political decisions due to their lack of power, influence, or resources.

Profitable

A financial state or condition of generating revenue that exceeds the costs and expenses associated with operating.