When Hurricane Katrina pounded her way through the Gulf Coast, Orleans Parish, La., and Harrison County, Miss., were among the areas hardest hit. The counties, which are home to New Orleans and Biloxi, Miss., respectively, also share other traits. Data from the U.S. Census Bureau show that with median household incomes of about $31,000, they lag the national average of $44,684 by 44 percent. The
_____ environments in those counties will influence the general environment of businesses that try to locate there.
a. technological
b. sociocultural
c. economic
d. demographic
e. political/legal
B
Demographic information, such as income levels, is a part of the sociocultural component of the general environment.
Business
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A news flash just appeared that caused about a dozen stocks to suddenly drop in value by about 20 percent. What type of risk does this news flash represent?
A. portfolio B. nondiversifiable C. market D. unsystematic E. total
Business
Compare the four different types of industrial structures
What will be an ideal response?
Business