The Immediate Environment Surrounding a Firm Including Suppliers, Customers, and Rivals

question 44

Multiple Choice

The immediate environment surrounding a firm including suppliers, customers, and rivals is known as _____.

• A) macroenvironment
• B) external environment
• C) competitive environment
• D) demographics
• E) proximal climate

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Definitions:

Allocentric

An adjective describing perspectives or spatial representations not centered on the observer, but instead based on the environment or objects within it.

Egocentric

A perspective where an individual interprets the world solely from their own viewpoint, often neglecting or misunderstanding others' perspectives.

Three-dimensions

Pertaining to objects or spaces that have height, width, and depth, allowing them to be experienced or described in a fuller, more realistic manner.

Cole and Scribner

Researchers who studied the influence of culture on memory and cognition, demonstrating differences in memory strategies between schooled and unschooled populations.