The national economy and design trends are two examples of factors in a company's ________
A) microenvironment
B) competitive environment
C) technological environment
D) legal environment
E) macroenvironment
E
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Indicate whether each of the following statements is true or false.Estimated cost data must often be used in making decisions because actual cost information is not yet available. Managers often accumulate both estimated and actual cost data for the same cost object. A direct cost must be allocated to a cost object. For a department in a retail store, cost of goods sold is a direct cost. Determining whether a cost is direct or indirect depends on the selection of cost object.
What will be an ideal response?
Professor Lockhart signed a contract at the State University, where he has to teach at least eight classes per year, for which he will be paid an annual salary. He now has to follow which two standards?
a. quantity and time b. behavior and time c. quality and cost d. behavior and cost
Which of the following is a macro change facing us today?
a. Digitization of information b. Issues with global communication c. Increased isolation d. A shrinking market
Brokers must communicate all offers made prior to acceptance to the seller
Indicate whether the statement is true or false