Operating Activities

question 199

Multiple Choice

Operating activities:

• A)Are the means organizations must use to pay for resources like land,buildings,and equipment.
• B)Involve using resources to research,develop,purchase,produce,distribute,and market products and services.
• C)Involve acquiring and disposing of resources that a business uses to acquire and sell its products or services.
• D)Are also called asset management.
• E)Are also called strategic management.

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Definitions:

Global Village

A term coined by Marshall McLuhan to describe how the world has been contracted into a village by electric technology and the instantaneous movement of information from every quarter to every point.

Marshall McLuhan

A media theorist and educator known for coining the expressions "the medium is the message" and "global village," and for his insights on how media affects societal structures and cultural perceptions.

Macrosociological

Relating to the study of large-scale societal structures and processes and their impact on individuals and groups.

Microsociological

Relating to the sociological approach that focuses on small-scale interactions and individual processes within society.