Which of the Following Statements About an Organization's External Environment

question 10

Multiple Choice

Which of the following statements about an organization's external environment is FALSE?

• A) Most organizations cannot function without smooth relationships with other organizations.
• B) The sociopolitical environment is affected by local, state, and/or federal laws.
• C) Other organizations may be a source of competition as well as collaboration.
• D) Attitudes of the people in the surrounding community rarely affect an organization's operation in measurable ways.

Describe the interactions between species, including competition, predation, and symbiotic relationships.

Grasp basic ecological concepts related to biodiversity, such as richness and ecosystem structure.

Recognize adaptive strategies of species for survival and competition avoidance.

Understand the importance of biodiversity in ecological stability and the concept of ecological niches.

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Definitions:

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, held at a bank or financial institution.

Bank Reconciliation

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.

Bank Balance

Bank balance refers to the total amount of money available in a bank account at a specific point in time, as recorded by the financial institution.

Book Balance

The balance in a financial account according to a company's accounting records, not necessarily reflective of available funds.