Computers, Digital Tools, and Telecommunications Are Most Likely to Be

question 28

Multiple Choice

Computers, digital tools, and telecommunications are most likely to be part of the _____ dimension of a business environment.

• A)economic
• B)social
• C)cultural
• D)technological

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Definitions:

Contribution Format

An income statement format that separates variable costs from fixed costs, highlighting the contribution margin of sales over variable costs.

Consumer Segment

A specific group of customers targeted based on similar needs, preferences, or demographic profiles.

Sales

The entire income earned by a company from selling its products or services over a certain time frame.

Net Operating Income

Net Operating Income (NOI) is the total revenue from operations minus operating expenses, excluding taxes and interest.