One Can View the Connection Between the General Environment and the Industry

question 20

Multiple Choice

One can view the connection between the general environment and the industry environment as

• A)the general environment is diffuse, whereas the industry environment consists of a small number of close competitors.
• B)the industry environment consists of customers, suppliers, rivals, and new entrants, whereas the general environment comprises everything else.
• C)the industry environment includes customers, competitors and suppliers, whereas the general environment matters to the extent that it affects the industry environment.
• D)the critical influence of the industry environment on the wider social environment.

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Definitions:

Formal Parameter

A formal parameter is a variable used in a function or method definition, representing the inputs with which the function/method can work.

Actual Parameter

The actual value or variable that is passed into a function or method call.

Identifier

A name in programming that identifies variables, functions, classes, or other entities.

Reserved Word

A word that is part of the syntax of a programming language, reserved for special use and cannot be used as an identifier.