The ________ environment refers to the local, state, national, and global laws and regulations that affect businesses
A) political and legal
B) sociocultural
C) economic
D) technological
E) natural
A
You might also like to view...
Which state passed the law that first created the designation “Certified Public Accountant”?
a. Massachusetts b. California c. Ohio d. New York e. Iowa
Recent research shows that the amount of a guarantee payout has no effect on consumer cheating. Which of the following is one of the important managerial implications of this?
a. Guarantees can be restricted to new customers because of the propensity for repeat customers to cheat. b. Guarantees can be kept low to prevent rewarding cheaters. c. Managers can reap the marketing rewards of higher guarantees without increased payouts due to consumer cheating. d. Managers cannot expect to recover the difference in guarantees for different types of consumers. e. Guarantee levels can be used to dissuade consumer cheating.
Microsoft Word 2010 offers fewer documentation styles than most Web tools, such as Citation Machine
Indicate whether the statement is true or false
The local convenience store makes personal sized pizzas. Currently, its process makes complete pizzas, fully cooked, for the customer. This process has a fixed cost of $20,000, and a variable cost of $1.75 per pizza
The owner is considering a different process that can make pizzas in two ways: completely cooked (as before), or partially cooked and then flash frozen for the customer to finish heating at home. This alternate process has a fixed cost of $24,000, but a lower variable cost (because much less energy is used in baking) of $1.25 per pizza. a. What is the crossover point between the existing process and the proposed process? b. If the owner expects to sell 9,000 pizzas, should he get the new oven?