In 2016 the Change in Business Inventories Is -$30 Billion

question 82

Multiple Choice

In 2016 the change in business inventories is -$30 billion and GDP is $160 billion. Final sales in 2016 are

• A) $100 billion.
• B) $130 billion.
• C) $160 billion.
• D) $190 billion.

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Definitions:

Sociocultural Environment

The environment that encompasses social and cultural factors which influence the behavior, beliefs, and practices of individuals within a society.

Identifiable Influences

Factors or circumstances that can be recognized and have an impact on outcomes or behaviors.

Unidentifiable Influences

Factors that affect consumer behavior or organizational performance that cannot be explicitly identified or measured.

External Environment

All the external factors that affect a company's operations, including economic, social, political, and technological influences.