What Are the Five Key Dimensions of the Broader Business

question 87

Multiple Choice

What are the five key dimensions of the broader business environment?

• A) customers, vendors, suppliers, wholesalers, and retailers
• B) technological, economic, demographic, global, and social dimensions
• C) global, social, and technological dimensions, and market forces and value
• D) economic, competitive, technological, social, and global dimensions

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Definitions:

GIC

Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period, typically without the risk of losing the principal invested.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Nominal Interest Rate

The interest rate as stated on a loan or financial product, not taking into account inflation or fees.

Annual Compounding

The method of accruing interest on the main amount of a deposit or loan annually.