Hydralicious, a juice outlet, had to stop its business as health inspectors found that the storage facilities at the outlet were not hygienic as per standards set by the government. A _____ factor affected Hydralicious in this scenario

a. social

b. economic
c. legal

d. cultural


ANSWER: c

Business needs government regulation to protect innovators of new technology, the interests of society in general, one business from another, and consumers. Every aspect of the marketing mix is subject to laws and restrictions.

Business

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The ____ runs a subset of the system in the actual production environment

a. unit test b. integration test c. systems test d. operations test

Business

First-tier suppliers refers to ______.

a. suppliers who provide components, systems, or finished goods and services to the primary firm b. suppliers who provide components, systems, or finished goods and services that are of high quality c. suppliers who provide components, systems, or finished goods and services at the lowest cost d. suppliers who provide components, systems, or finished goods and services at the highest cost

Business

______ economic migration involves migrants returning to their country of origin.

Fill in the blank(s) with the appropriate word(s).

Business

The current ratio is used to measure the long-term solvency of the venture and its ability to meet short-term debts.

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

Business