A severe recession is a depression, a period in which prices fall but there is little demand because few people have money to spend and many are out of work. This condition is part of ________

A) the competitive environment
B) the business cycle
C) the technological environment
D) the legal environment
E) social norms


B

Business

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Indirect expenses are incurred for the benefit of the business as a whole and cannot be traced directly to a specific department

Indicate whether the statement is true or false

Business

To be successful, ______ has to be supported by a management team that advocates the freedom of radical thinking.

A. organizational structure innovation B. process innovation C. exploitative innovation D. exploratory innovation

Business

The key to produce an accurate and useful report include identifying the why, who, what, and when of the report

Indicate whether the statement is true or false

Business

Ethical questions become more ambiguous when ________________ are involved

a. organizations b. friends c. future events d. family members

Business