There Are Three Key Dimensions to the Business Environment: Financial

question 40

True/False

There are three key dimensions to the business environment: financial, technical, and ethical.

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Definitions:

Transformation Processes

Operations that convert inputs into outputs, thereby adding value to goods or services in a business.

Feedback

Communication tools to connect control systems to the processes of a business.

Employee Behavior

The actions and conduct of individuals within an organization, which can affect the workplace environment and productivity.

Transformation Processes

The series of actions or operations that convert inputs into outputs, adding value in manufacturing or service delivery.