Which of the Following Is a Force Within an Organization's

question 59

Multiple Choice

Which of the following is a force within an organization's control that has an impact on the business's daily operations?

• A)Employees
• B)Regulatory environment
• C)Competition
• D)Political environment
• E)Technology

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Definitions:

Standard Costs

Predetermined costs assigned to goods and services, used as a benchmark for evaluating actual production costs.

Efficiency

The degree to which a process uses resources optimally to achieve a desired outcome.

Standards

Established norms or criteria in various fields that act as a basis for comparison or compliance.

Performance Goals

Specific objectives set for employees or departments, aimed at improving productivity and measuring success through quantifiable benchmarks.