Which of the Following Is NOT Part of the Organisation's

question 57

Multiple Choice

Which of the following is NOT part of the organisation's environment?

• A)customers
• B)competitors
• C)public pressure groups
• D)technology

Understand the impact of cultural norms on emotional expression in the workplace.

Understand the concept of cost behavior and its importance in managerial decision-making.

Grasp the fundamentals of conducting a Cost-Volume-Profit (CVP) analysis.

Calculate break-even points in units and dollars using various input variables.

---

Definitions:

Variable Cost

A cost that varies with the level of output or sales, such as materials and labor costs.

Monthly Interest Rate

The percentage of interest charged on a monthly basis on loans or credited to deposit accounts.

Credit

A financial arrangement where a borrower receives something of value now and agrees to repay the lender at a later date, generally with interest.

Effective Annual Interest Rate

The interest rate on a loan or financial product restated from the nominal rate as an annual rate that takes into account compounding over a given period.