You are most likely discussing the general business environment in which your company must operate.
<h2>
What is the general environment in business?</h2>
The diversity of external elements that have an impact on an organization's performance and operation is known as the general environment, or macro-environment. These outside factors can decide whether a company encounters market opportunities or failures.
The overall environment can influence how a firm identifies itself, the products it sells, and how it interacts with other businesses and regulatory bodies. When performing market research and strategic analysis, businesses often consider the overall environment.
<h2>
What are the six elements of the business environment?</h2>
Sometimes, economic and legal aspects are combined to form five major components of the business environment. Political, economic, social, technological, legal, and environmental factors are the six components of the business environment.
<h3>
What is the external business environment?</h3>
- Economic, political and legal, demographic, social, competitive, international, and technological sectors make up the external business environment.
- Managers need to be aware of how the environment is changing and how those changes are affecting the company.
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Once a corporation starts growing and showing potential, entrepreneurs search for equity financing.
<h2>What is financing?</h2>
The study and discipline of cash , currency, and capital assets is understood as finance. it's related to but not the same as economics, which is that the study of the production, distribution, and consumption of cash , assets, goods, and services.
Financial Difficulty refers to current or impending financial conditions that impair or may impair a provider's ability to satisfy current or future obligations.
Financial controls are the procedures, policies, and methods that a corporation uses to monitor and control the direction, allocation, and utilization of its financial resources. Financial controls are at the guts of any organization's resource management and operational efficiency.
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Answer:
C) The buyer and agent did not complete an agency agreement, either oral or written.
Explanation:
Agency agreement, which is a binding contract between an agent and another person, (most likely a buyer) is an important document which helps to establish the relationship between both and the agency which renders the help. Since, there was no agreement whether oral or written, their dealings do not constitute the creation of an agency.
Answer:
Option (b) is correct.
Explanation:
Given that,
If a bank posts
Nominal interest rate = 4 percent
Expected inflation = 3 percent
Real interest is defined as the difference between nominal interest rate and inflation rate.
Expected Real interest rate = Nominal interest rate - Inflation rate
= 4 percent - 3 percent
= 1 percent
Therefore, the expected real interest rate is 1 percent.
Answer:
C) The act applies to organizations with 15 or more employees
Explanation:
Title VII of the Civil Rights Act of 1964 prohibits employers from discriminating employees or applicants on the basis of race, color, sex, gender, national origin or religion. This law applies to organizations with 15 or more employees, including all government entities.