You Have Been Directed to Study the Actors That Are

question 117

Multiple Choice

You have been directed to study the actors that are larger societal forces that affect your company - demographic,economic,natural,technological,political,and cultural.Which environment are you studying?

• A)the macroenvironment
• B)the microenvironment
• C)the marketing environment
• D)natural habitat
• E)the global environment

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Definitions:

Selling Expenses

Costs incurred directly and indirectly in making sales, including commissions, advertising, and salaries of sales staff.

Administrative Expense

Overhead or general expenses related to the day-to-day running of a business but not directly tied to production.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value.

Amortization Expense

The gradual write-off of the cost of an intangible asset over its useful life.