You are directed to study the actors close to the company, yet outside its internal environment, that affect its ability to serve its customers. What are you studying?

A) the macroenvironment
B) the microenvironment
C) the political environment
D) the social and cultural environment
E) the global environment


B

Business

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Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the

A. allocation of the financial resources of the firm. B. relationships among the employees of the firm. C. knowledge of an individual. D. individual abilities of employees.

Business

In Maslow's Hierarchy of Needs, a sense of belonging and love are examples of social needs

Indicate whether the statement is true or false

Business

Greystone Group is looking to purchase Heartland Hotels, Inc. Greystone plans to use $5 million in cash and finance $20 million in order to complete the purchase. Greystone is confident they can turn Heartland's business around and repay the $20 million from profits earned from the hotel. This is an example of a

A. horizontal merger. B. conglomerate merger. C. hostile takeover D. vertical merger. E. leveraged buyout.

Business

The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals the units transferred out plus the equivalent units for the work done during the period.

Answer the following statement true (T) or false (F)

Business