An Organization's Employees, Shareholders, Board of Directors, Suppliers, Distributors, Creditors

question 133

Multiple Choice

An organization's employees, shareholders, board of directors, suppliers, distributors, creditors, unions, government, local communities, and customers are its

• A) stakeholders.
• B) stockholders.
• C) competitors.
• D) target audience.
• E) organizational community.

Apply principles of document design to enhance message readability.

Distinguish between necessary and unnecessary elements in business writing.

Apply principles of grammar and punctuation to improve business documents.

Understand the significance of using parallel structure and avoiding redundancy in writing.

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Definitions:

Nonmanufacturing Cost

Expenses not directly tied to the production of goods, such as administrative, sales, and marketing costs.

Prime Costs

The combined direct costs of raw materials and labor that are directly involved in the production of a product.

Indirect Material

Materials used in the manufacturing process that are not directly incorporated into the final product, such as lubricants and cleaning supplies.

Direct Labor

The labor costs directly associated with the manufacturing of products, including wages of workers who are actively involved in the product's creation.