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Not All Parts of the External and Internal Environment Are

question 213

True/False

Not all parts of the external and internal environment are equally important for all organizations.

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Definitions:

Cultural Influences

The impact that a society's shared beliefs, values, customs, and behaviors have on individuals within the community.

Business Contract

A legally binding agreement between two or more parties that outlines the terms of business dealings.

Legal Principles

Fundamental norms or rules that guide the application and interpretation of the law.

Virtual Currency

Digital representations of value that function as a medium of exchange, a unit of account, and/or a store of value, but do not have legal tender status.

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