An Organisation's Task Environment Includes All of the Following,except

question 90

Multiple Choice

An organisation's task environment includes all of the following,except:

• A) Competitors
• B) Customers
• C) Labour markets
• D) Employers
• E) Suppliers

---

Definitions:

Average Revenue

The total revenue generated by a firm divided by the quantity of goods or services sold, indicating the average amount of money made per unit.

Competitive Firms

Enterprises that operate in a market where they have to compete against other firms for the same customers or resources.

Average Revenue

The revenue a firm receives per unit of output sold, calculated by dividing total revenue by the quantity of output.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, holding other factors constant.