The PRSA Is ______

question 69

Multiple Choice

The PRSA is ______.

• A)a specialized area within PR
• B)a division of the Center for Media and Democracy
• C)the internal watchdog group for PR
• D)a group that shapes the public agenda for private interests
• E)None of the options is correct.

---

Definitions:

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.

Entrepreneurial Talent

The unique set of skills, insight, and intuition possessed by individuals that enables them to identify and exploit new business opportunities.

Forgone Interest

The potential interest income lost when capital is invested in one project instead of being deposited in a savings account or invested in an alternative project.

Total Revenues

The complete amount of income generated by a business from its sales or services before any expenses are subtracted.