The conditions that affect the cost and availability of goods, services and labor, and the behavior of buyers and sellers are BEST described as the ________ environment

A) market
B) regulatory
C) legal
D) economic
E) social


Answer: D
Explanation: Virtually every decision a company makes is influenced by the economic environment, the conditions and forces that (a) affect the cost and availability of goods, services, and labor and (b) thereby shape the behavior of buyers and sellers.

Business

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Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation?

A. feedback barrier B. encoding barrier C. medium barrier D. sender barrier E. receiver barrier

Business

There are four promotional strategies for dealing with the unique features of services. Name these strategies and give examples of each, using American Airlines (or another air carrier you are familiar with) as your example

What will be an ideal response?

Business

In the Voices of OB example in the textbook, Stuart Mease, director of Undergraduate Career Services at Virginia Tech, discussed the dilemma of

a. Finding diverse students b. Finding funding for his Virginia Tech diversity program c. Accepting a daily per diem even though he did not have business expenses d. Standing up and admitting to making bad decisions

Business

If your reader is likely to reject your proposal, provide external evidence and several examples to support your position

Indicate whether the statement is true or false

Business