Which of the Following Would Be Most Likely Classified as an Opportunity

question 12

Multiple Choice

Which of the following would be most likely classified as an opportunity for an organization?

• A) Government regulations
• B) Changing consumer tastes
• C) Strong reputation with consumers
• D) Recall of a competitor's product
• E) Competition

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Definitions:

Gross Payroll

The total amount an employer pays to its employees before deductions, such as taxes and retirement contributions, are made.

Federal Unemployment Compensation Tax

A federal tax imposed on employers to fund state workforce agencies and unemployment insurance.

Employer's Payroll Taxes

Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes in the United States.

Federal Income Tax

The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.