Which of the Following Is NOT an Organizational Characteristic That

question 54

Multiple Choice

Which of the following is NOT an organizational characteristic that often has a direct effect on the budget allocation process?

• A)the preferences and experiences of the decision maker
• B)the degree of formalization
• C)the ratio of staff to line personnel
• D)the willingness to employ outside consultants
• E)pressure from senior managers to arrive at the optimal budget

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Definitions:

Stakeholder Perspective

An approach to decision-making and governance that takes into account the interests and concerns of all those affected by a business's operations, including employees, customers, suppliers, community members, and shareholders.

Government Regulators

Authorities or agencies responsible for enforcing laws, regulations, and ensuring compliance within specific industries or sectors.

Secondary Stakeholder

A party that is indirectly affected by a company's activities but is not engaged in transactions with the company. Their interests may still impact the company's decisions.

Social Responsibility

Refers to the obligation of individuals and organizations to act for the benefit of society at large, balancing profit-making activities with activities that benefit the community.