Which of the Following External Forces Is a Part of a Firm's

question 1

Multiple Choice

Which of the following external forces is a part of a firm's task environment?

• A) the composition of the strategic group to which the firm belongs
• B) the interest rates prevalent in the economy in which the firm operates
• C) the inflation level in the economy in which the firm operates
• D) the recent innovations in process technology, including lean manufacturing

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Definitions:

Deuterostomes

A major group of animals characterized by their embryonic development, in which the anus forms before the mouth during early embryogenesis.

Embryos

Early developmental stages of multicellular organisms following fertilization, during which cells divide and specialize to form the structure and organs of the organism.

Germ Layers

The three primary layers of cells (ectoderm, mesoderm, and endoderm) in the early embryo that develop into all organs and tissues of the body.

Lophophore

A unique feeding structure bearing ciliated tentacles, found in certain marine invertebrates such as bryozoans and brachiopods.