Which of the Following Is NOT a Challenge in Today's

question 113

Multiple Choice

Which of the following is NOT a challenge in today's business world that requires managers to be able to craft responses?

• A)the worldwide economic climate
• B)changing workforce dynamics
• C)scientific developments in medicine
• D)changing technology
• E)ever-increasing globalisation

---

Definitions:

Demand Curve

A graph that represents the relationship between the price of a good or service and the quantity demanded by consumers.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Excise Tax

A tax levied on specific goods, services, or activities, such as gasoline, cigarettes, or alcohol, often to discourage consumption or generate revenue.

Recreational Fishing Boats

Boats specifically designed and utilized for the purpose of fishing for leisure or sport, not commercial fishing.