For Most Organizations,the Most Rapidly Changing Factor Has Been ________

question 60

Multiple Choice

For most organizations,the most rapidly changing factor has been ________ conditions.

• A)global
• B)economic
• C)socio-cultural
• D)technological
• E)political/legal

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Definitions:

Investment Center

A business unit or department that is responsible for its own revenues, expenses, and investment in assets, with its performance measured by its return on investment.

Controllable Margin

The portion of profit or income directly influenced by the management decisions, typically excluding fixed costs.

Required Return

The minimum expected return by investors for providing capital, based on the risk of the investment.

Operating Assets

Assets used in the daily operations of a business to generate revenue, such as machinery, building, and equipment.