The Environment of an Organisation Needs to Be Assessed in Terms

question 198

True/False

The environment of an organisation needs to be assessed in terms of capacity,which is the degree of heterogeneity and concentration among environmental elements.

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Definitions:

Multiple-step

An income statement format that shows several steps to determine net income, including gross profit, operating income, and other income and expenses.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Authorized

Authorized typically refers to something that has been officially approved or given permission by a relevant authority or governing body.