The Internal Environment Within Which Managers Work Includes All of the Following

question 170

Multiple Choice

The internal environment within which managers work includes all of the following except _____.

• A) corporate culture
• B) production technology
• C) organization structure
• D) physical facilities
• E) labor market

---

Definitions:

Substitute Marriage Cohabitation

A living arrangement where couples live together as if married without legally formalizing the union.

Common-law Marriage

A marriage recognized in some jurisdictions, where a couple lives together for a period and presents themselves as married without having a formal ceremony or license.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collectible.

Bad Debts Expense

Bad debts expense is the cost associated with accounts receivable that a company does not expect to collect due to customers being unlikely to pay.