Examlex

Solved

The ________ Component of an Organization's External Environment Is Concerned

question 79

Multiple Choice

The ________ component of an organization's external environment is concerned with trends in population characteristics such as age, race, gender, education level, geographic location, income, and family composition.


Definitions:

Merchandising Companies

Companies that purchase goods in a finished condition and resell them at a profit without further processing.

Operating Cycles

Operating cycles refer to the average period of time it takes for a business to convert its inventory to sales revenue and then to cash.

Profit Margins

A financial metric measuring the amount of net income generated as a percentage of revenue, reflecting the profitability of a business.

Perpetual Inventory System

A method of maintaining inventory records where updates are made continuously after each purchase or sale.

Related Questions