According to the Textbook,the ________ Environment Includes Those External Forces

question 88

Multiple Choice

According to the textbook,the ________ environment includes those external forces that have a direct and immediate impact on managers' decisions and actions and are directly relevant to the achievement of the organization's goals.

• A)general
• B)specific
• C)secondary
• D)forward
• E)primary

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Definitions:

Assurances

Statements or actions intended to provide confidence or certainty about a condition or result.

Representations

Statements of fact made by one party to another before or at the time of entering into a contract, intended to induce the other party into the contract.

Warranties of Title

Guarantees given by a seller to a buyer that the seller has the right to transfer ownership and no undisclosed liens exist on the property.

Express Warranty

A clearly stated or written guarantee made by a seller about the quality or performance of a product, which becomes part of the contract.