In an Open System, a Manager Is Responsible for Managing

question 61

Multiple Choice

In an open system, a manager is responsible for managing ________.

• A)just the internal company itself and not the external environment
• B)just the external environment
• C)both the internal and the external environment
• D)the inputs but not the outputs

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Definitions:

Comparative Purposes

This involves evaluating financial or other data side by side from different periods or entities to assess performance trends or differences.

Internet Resellers

Businesses or individuals that purchase goods or services with the intention of selling them online to a consumer or another business.

Gross or Net Basis

A method used in accounting to determine whether all revenues and costs or only the net difference is recorded.

SEC

The U.S. Securities and Exchange Commission, which is responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.