All Events Outside a Company That Have the Potential to Influence

question 61

Multiple Choice

All events outside a company that have the potential to influence or affect it occur in the __________environment.

• A) specific
• B) external
• C) formal
• D) potential
• E) national

---

Definitions:

Limited Liability Corporation

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation, protecting owners' personal assets from business debts.

Limited Liability Company

A legal structure for businesses where the owners have limited personal liability for the company's debts and actions.

Active Management

A strategy where a fund manager makes specific investments with the goal of outperforming an investment benchmark index.

Growth Limitations

Growth limitations refer to the factors or conditions that can hinder or restrain the expansion or progress of a company or economy.