The Organization's General Environment Consists of

question 13

Multiple Choice

The organization's general environment consists of

• A) employee satisfaction
• B) external forces that can indirectly affect the organization
• C) external forces that can directly affect the organization
• D) B and C
• E) A and C

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Definitions:

Solver

An optimization tool in spreadsheet programs that finds the optimal solution to a problem by changing multiple variables within constraints.

Optimal Number

The most favorable, efficient, or effective quantity determined through analysis or calculation for a specific criterion.

Monthly Profit

The net income earned by a business over the course of a month after all expenses have been subtracted from total revenue.

Unbounded Problem

A scenario in optimization where the solution can infinitely improve, meaning there are no constraints limiting the value of the objective function.