The Most Significant Factor in Determining Whether an Organization Will

question 6

Multiple Choice

The most significant factor in determining whether an organization will have staff personnel is ________.

• A)the size of the organization
• B)the qualifications of the workers
• C)the type of industry
• D)the degree of centralization in the organization
• E)the nature of the products and service produced

---

Definitions:

Credit Card Interest

The cost of borrowing money on a credit card, calculated as a rate of the total amount of unpaid card balance.

Usury Law

Usury Law refers to regulations governing the amount of interest that can be charged on a loan, intended to protect borrowers from excessive and unfair interest rates.

Interest Rate

The cost of borrowing money or the return on saving, expressed as a percentage of the principal amount per period.

Elastic

A characteristic of a good or service that describes its responsiveness to changes in price; highly sensitive to price changes.