According to the Text,________ Is a Central Component of the Environment

question 2

Multiple Choice

According to the text,________ is a central component of the environment.

• A) economic behavior
• B) organizational behavior
• C) ethical behavior
• D) stock price of the publicly held company in question
• E) buyer behavior

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Definitions:

Product Innovations

The introduction of a good or service that is new or significantly improved with respect to its characteristics or intended uses.

Process Innovations

Refers to the implementation of a new or significantly improved production or delivery method, contributing to increased efficiency and effectiveness.

Managerial Innovations

The implementation of new administrative processes, strategies, or products designed to improve the efficiency and productivity of management.

Extrinsic Rewards

Benefits given by employers to motivate employees that are external to the job itself, such as pay raises, bonuses, and perks.