Match the Following: -Environment

question 6

Multiple Choice

Match the following:
-Environment

• A)Economic activity outside of the firm.
• B)An organization's primary concern, goal, and/or reason for existence.
• C)Tools, equipment, and procedures for producing output.
• D)An organization that receives inputs from the environment and releases outputs to the environment.
• E)The result of an organization's conversion process.
• F)The specific setting within which organizational behavior is enacted.

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Definitions:

Satellite Global Positioning System

A network of satellites that provide navigation data to military and civilian users around the globe, enabling users to determine their exact location.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, representing wear and tear, or obsoleteness.

Mortgage Bond

A bond secured by a mortgage on a property, where the bondholders have a claim on the property in case of default.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature.