Which of the Following Statements Is True About the Task

question 74

Multiple Choice

Which of the following statements is true about the task environment?

• A) The task environment of a firm is larger than its general environment.
• B) This part of the environment is made up of those people a firm deals with every day.
• C) It is extremely easy to recognize new trends and changes among the members of the task environment.
• D) It is a part of the internal environment made up of employees,owners,and board of directors.

Understand the concept of break-even point in units and dollars.

Apply the break-even analysis to different sales mixes and product scenarios.

Calculate the effect of changes in fixed and variable costs on the break-even point.

Interpret cost-volume-profit (CVP) charts and understand their significance.

---

Definitions:

Personal Values

Core beliefs or principles that guide an individual's behavior and decision-making.

General Adaptation Syndrome

is a three-phase process (alarm, resistance, exhaustion) that describes the physiological response to stress over time.

Stress

Stress is a psychological and physical response to demands or challenges that can stem from a variety of sources, including work, relationships, and environmental pressures.

Eustress

Positive stress that can actually improve performance or productivity by motivating individuals to overcome challenges or achieve goals.