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stephanie_159 stephanie_159
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5 years ago
Which of the following characterizes the nonmarket component of business environment?
a)It includes those interactions between firms, suppliers, and customers that are governed by markets and contracts.
b)The interactions of firms typically involve voluntary economic transactions and the exchange of property.
c)Activities in the nonmarket environment may be voluntary or involuntary.
d)Effective management in the nonmarket environment is not a necessary condition for superior performance.
Textbook 
Business and Its Environment

Business and Its Environment


Edition: 7th
Author:
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uni67uni67
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5 years ago
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Really awsme
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