Customers,suppliers and Substitutes Are Part of the _____ Environment

question 30

Multiple Choice

Customers,suppliers and substitutes are part of the _____ environment.

• A) political
• B) technological
• C) demographic
• D) competitive

---

Definitions:

Minimum Return

The lowest acceptable rate of return on an investment that a manager or investor is willing to accept.

Residual Income

Residual income is the amount of net income generated in excess of the minimum rate of return. It's often used to assess the performance of business units.

Invested Assets

Resources or funds that have been allocated for investment purposes in various types of assets, such as stocks, bonds, or real estate, aiming for potential returns.

Investment Turnover

A measure of a company's efficiency in using its investments to generate sales, usually calculated as sales divided by average invested assets.