Which One of the Following Is Included in the Firm's

question 96

Multiple Choice

Which one of the following is included in the firm's task environment?

• A) technological factors
• B) sociocultural factors
• C) economic factors
• D) stockholders
• E) political-legal forces

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Definitions:

Simultaneously Equilibrium

A condition in which demand and supply are balanced at the same time across multiple markets or within a complex system.

Capital Flow

The movement of money for the purpose of investment, trade, or business production between countries.

Excess Profits

Profits that exceed what is considered normal or expected, often realized in favorable market conditions or through monopolistic practices.

Free Markets

An economic system in which prices are determined by unrestricted competition between privately owned businesses, without government intervention.