Examlex
Which of the following is a replacement cost that is caused by turnover in a company?
Marketplace
An open environment in which goods and services are exchanged between buyers and sellers.
General Environment
The general environment encompasses the broad external conditions that can impact an organization, such as economic, legal, technological, and sociocultural factors, influencing its strategies and performance.
Technological Conditions
The state of available technology and its influence on a company's operations, capabilities, and industry environment.
Competition
A situation in which two or more parties strive for a goal that cannot be shared, such as a market that cannot support everyone.
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