The Organizations That Are Competing for the Same Resources in the Same

question 80

Multiple Choice

The organizations that are competing for the same resources in the same environment are known as _________.

• A)ecology
• B)liability of newness
• C)organizational theory
• D)a population of organizations

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Definitions:

Direct Labor

The wages or salaries paid to workers who are directly involved in the production of goods or services.

Utilities

Services such as electricity, gas, water, and sewage treatment that are provided to consumers and businesses.

Fixed Costs

Fixed costs are expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Profit Centers

Divisions or units within a business that are directly responsible for generating profits.