Which Statement Is Not Correct About the Business-Society Interdependence

question 20

Multiple Choice

Which statement is not correct about the business-society interdependence?

• A) Business is a part of society.
• B) Business is separated from the rest of society by clear boundaries.
• C) Business activities impact other activities in society.
• D) Actions by governments rarely significantly affect business.

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Definitions:

Marketing Channel

Pathways or routes through which goods and services travel from the producer or manufacturer to the end consumer, possibly including intermediaries.

Product

An item or service created through a process and available for exchange or sale to satisfy a need or want.

Service

An intangible commodity that involves providing labor, support, or a facility for a fee, where the benefit is realized without the need to own a physical product.

Middleman

An intermediary or agent between producers and consumers who facilitates transactions or the distribution of products.