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
In practice, a company could be a firm. A firm, irrespective of its size or area of operation is a business entity just like a company. Usually, the word firm is reserved for businesses providing services as is clear with the use of terms like accounting firms and consulting firms. One can certainly say firm is a subset of the term company. â¢ In practice, a company could be a firm. Now, that this article has explained the difference between company and firm, it will be easier for you to distinguish between firm and company in the future. Images Courtesy: 1  Panorama Firm logo by Eniro (CC BY 3.0).