Which of the Following Statements Is True About the Dimensions

question 25

Multiple Choice

 Which of the following statements is true about the dimensions of internal environment?

• A) Owners serve as an intermediate group for shareholders.
• B) Employees cannot directly impact a firm's competitive position.
• C) Legal control of an organization is maintained by the board of directors.
• D) Cultures at firms develop over a long period of time.

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Definitions:

International Trade

The exchange of goods and services between countries, across their international borders.

Relative Demand

It refers to the demand for a good or service compared to another, showing how the demand for one product varies as the demand for another changes.

Skilled Labors

Workers with specialized training, expertise, and experience that enable them to perform complex tasks.

Compensating Differential

The additional amount of income that an employee requires to accept a job that entails less desirable aspects, such as longer hours or higher risks.