Gerber Makes and Sells Baby Products

question 93

Multiple Choice

Gerber makes and sells baby products. A shift in the birth rate would represent a change in the ________ component of this firm's external environment.

• A) psychographic
• B) demographic
• C) political
• D) cultural

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Definitions:

Internal User

Individuals within an organization, such as management and employees, who use financial information for decision-making purposes.

Creditor

An entity or person to whom money is owed by the business.

Department Manager

An individual responsible for overseeing a specific department's operations, budget, and staff within an organization.

Direct Material

Raw materials that can be directly attributed to the production of a specific product, part of the variable costs of manufacturing.