With Respect to the Environment in Which a Business Operates

question 13

Multiple Choice

With respect to the environment in which a business operates, such factors as competition, legal restraints, government controls, and the weather would all be examples of what are called:

• A) controllable elements.
• B) uncontrollable elements.
• C) predictable elements.
• D) demographic elements.
• E) cultural elements.

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Definitions:

Oligo-

A prefix meaning few or deficient, used in medical terms to indicate a scarcity or lack.

Scanty

Insufficient in quantity or amount; minimal.

Mal-

A prefix in English derived from French, indicating bad, wrongful, ill, or defective.

Bad

Generally denotes something unfavorable, harmful, or of poor quality.