Which Major External Business Force Is Not Involved with the Day-To-Day

question 97

Multiple Choice

Which major external business force is not involved with the day-to-day operations of the firm,but does vote for the directors of the company?

• A)Customers
• B)Suppliers
• C)Society
• D)Shareholders
• E)Government

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Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of data points, indicating how spread out the values are from the mean of the data set.

Biased Estimates

Estimates that are systematically off-target in a certain direction due to errors in methodology or sample selection.

Absolute Value

The non-negative value of a number without regard to its sign; for example, the absolute value of both -5 and 5 is 5.

Variance

A statistical measure that represents the degree of spread or variability of a data set, by calculating the average of the squared differences from the mean.