Sectors of the Environment Which Have Direct Impact on the Organization

question 12

Multiple Choice

Sectors of the environment which have direct impact on the organization are called the:

• A) task environment.
• B) general environment.
• C) organizational buffers.
• D) environmental boundary-spanners.

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Definitions:

Selling Price

The price at which a product or service is sold to customers.

Extraction Cost

The expenses associated with the removal of resources or raw materials from their natural setting.

Optimal Quantity

The amount of a product or service that achieves the best balance between costs and benefits, maximizing utility or profit.

Extract

To remove or take out something by physical or chemical process, often used in reference to natural resources.