In the Context of Forces Influencing Formal Structure,the Customers and Suppliers

question 7

Multiple Choice

In the context of forces influencing formal structure,the customers and suppliers of the management system,along with existing political and social structures constitute the forces in the ________.

• A)manager
• B)task
• C)environment
• D)subordinates
• E)activity

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Definitions:

Demand Function

A mathematical equation representing the relationship between the quantity demanded of a good and factors affecting its demand, such as price.

Inverse Demand

A representation of demand that expresses price as a function of quantity demanded, contrary to the typical demand function.

Inverse Supply

A concept in economics that describes a situation in which the supply of a good decreases as its price decreases, opposite to the normal supply behavior.

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.