Which of the Following Statements Is TRUE Regarding an Organization's

question 149

Multiple Choice

Which of the following statements is TRUE regarding an organization's goals?

• A)All organizations share the single goal of making profits.
• B)Using a single goal such as profit may result in unethical behaviours by employees.
• C)Long-term success is ensured if managers emphasize only one goal for an organization.
• D)Short-term success is ensured if managers emphasize multiple goals for the organization.

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Definitions:

Reduced Pension

A retirement plan that provides beneficiaries with lower benefits than originally anticipated or agreed upon.

Contributory Pension Plans

Retirement plans where both the employer and employees contribute to the fund that will be used to provide retirement benefits to the employees.

Contributions

The act of giving or adding to something larger, often refers to financial contributions in a business or investment context but can also apply to contributions of time, effort, or resources.

Household Income

The combined gross income of all members of a household who are 15 years old and higher, regardless of their relationship.