Suppliers, Intermediaries, Competitors and Publics Are All Members of Which

question 50

Multiple Choice

Suppliers, intermediaries, competitors and publics are all members of which environment?

• A) competitive environment
• B) external environment
• C) microenvironment
• D) corporate environment
• E) macroenvironment

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Definitions:

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time.

Unemployment Rate

The percentage of the labor force that is unemployed.

Money Supply

The aggregate of cash, coins, and deposits in checking and savings accounts, representing the financial assets available within an economy at a certain point in time.

Inflation

A sustained increase in the general price level of goods and services in an economy over a period of time.