Which of the Following Forms a Component of the Specific

question 2

Multiple Choice

Which of the following forms a component of the specific environment of an organization?

• A) The suppliers
• B) The political component
• C) The technological component
• D) The customers

---

Definitions:

Useful Life

The estimated period over which an asset is expected to be usable for the purpose it was acquired, used for depreciation calculations.

Book Value

The net value of a company's assets minus its liabilities, often used to evaluate a company's worth.

Joint Costs

The costs that are incurred from producing two or more products in the same process.

Split-Off

A point in the manufacturing process where joint products are separated and continue through the production process as distinct items.