The Three Main Types of Environmental Uncertainty Are ________

question 20

Multiple Choice

The three main types of environmental uncertainty are ________.

• A) economic, political, and technological
• B) economic, social, and technological
• C) economic, political, and social
• D) social, political, and technological
• E) social, political, and culture

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Definitions:

Assets

Resources owned or controlled by a business, expected to produce future economic benefits.

Profit Margin

A financial metric that measures the percentage of revenue remaining after all expenses have been deducted from sales.

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets financed by its shareholders' equity.

Absolute Advantage

A condition in which a country, company, or individual can produce a good or service at a lower cost per unit than competitors using the same amount of resources.