Test Bank Business Essentials, 12th Edition Ronald J. Ebert A=
- From Business, General Business
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Description
1) Which environment is NOT an important dimension of a business organization's external environment?
A) The political-legal environment
B) The sociocultural environment
C) The technological environment
D) The corporate cultural environment
E) The global business environment
Answer: D
Difficulty: Easy
AACSB: Application of Knowledge
Quest. Category: Application
LO: 1.1: Define the nature of U.S. business, describe the external environments of business and discuss how these environments affect the success or failure of organizations.
2) What is profit?
A) Total money taken in by a corporation
B) Increases in income from