Which of the Following Is NOT One of the Six

question 32

Multiple Choice

Which of the following is NOT one of the six key areas that business managers answer in the development of a business strategy.

• A) Mission
• B) Purpose
• C) Markets
• D) Products and Services
• E) Assets

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Definitions:

Equal Opportunity

The principle of treating all individuals the same, without discrimination based on race, gender, sexuality, religion, or other personal characteristics.

Employers

Individuals or entities that hire others to perform services or jobs in exchange for compensation.

Welfare Capitalism

An economic system that combines a predominantly market-based economy with extensive social welfare programs.

Unionization

The process by which workers form or join a union to collectively negotiate with their employer regarding wages, working conditions, and other employment terms.