Which of the Following Is an Internal Factor That Can

question 48

Multiple Choice

Which of the following is an internal factor that can influence the wage mix?

• A)legal requirements
• B)area wage rates
• C)employee's relative worth
• D)labour market conditions

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Definitions:

Future Operations

Planning and activities undertaken to ensure the continuation and success of a business's activities in upcoming periods.

Actual Performance

The real, observed outcomes or results of a process, person, or organization's efforts, compared against planned or expected performance.

Australian Accounting Standards

The principles and rules governing financial reporting and accounting practices in Australia.

Internal Managers

Individuals within an organization responsible for directing and overseeing the operations and strategies of specific departments or the entire business.