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Which Statement About the Market and Nonmarket Is Not Correct

Question 34

Multiple Choice

Which statement about the market and nonmarket is not correct?


A) The market environment includes owners, employees, suppliers, customers, and competitors.
B) The nonmarket environment includes interactions with society and government.
C) The nonmarket environment structures (laws and regulations) how business operates in the market environment and the positions of firms in the market, and it creates opportunities for and threats to business.
D) The market environment creates issues of special interest that are addressed in the nonmarket environment.
E) All these statements are correct.

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