Which of the Following Is Not in the Macro Environment

question 5

Multiple Choice

Which of the following is not in the macro environment of business?

• A) Economic change
• B) Legal change
• C) Supplier change
• D) Technological change

Recognize the role of employer-provided benefits and services in reducing costs for employees.

Identify the trends in the value of benefits and services relative to direct pay.

Comprehend the objectives and impact of employee benefits on organizational goals and costs.

Understand the legal framework and regulations governing employee benefits and services.

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Definitions:

Inventory

The overall quantity of products and resources that a business possesses, which are either for sale or to be utilized in manufacturing.

Perpetual Inventory

A continuous tracking system for inventory that records the sale or purchase of inventory in real-time through the use of computerized systems.

Accounts Payable

Debts of a company reflecting the money owed to lenders or suppliers for products and services acquired on credit.

Inventory

All products and materials that a company holds, aimed at either resale or being incorporated into manufacturing processes.