These are estimated lower and upper costs of living in Edinburgh. The cost of living can vary greatly depending on your lifestyle, budget and spending habits. These costs are broken down by month. You can calculate your estimated budget based on how long you will be in Edinburgh. These costs do not include tuition fees.
3. Briefly describe the task environment and its four primary sectors. ANSWER: The task environment is the portion of the external environment that directly influences the organization's operations and performance. The task environment is made up of customers, competitors, suppliers, and the labor market. These sectors typically conduct day-to-day transactions with the organization. Level: 2 Page: 88-89
A firm (1) organizes factors of production and/or (2) produces goods and/or (3) sells produced goods to individuals, businesses, or government. -Which combination of activities a firm will undertake depends on the cost of undertaking each activity relative to the cost of subcontracting the work out to another firm.