_____ Forces Affect the Way Politics Shape Laws and the Way

question 53

Multiple Choice

_____ forces affect the way politics shape laws and the way laws shape the opportunities for and threats to an organization.For example,some cities in the United States (including New York and San Francisco) have set the minimum wage far above the federally mandated minimum wage.

• A)Political-legal
• B)Demographic
• C)Financial
• D)Sociocultural
• E)Technological

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Definitions:

Common Stock

A type of equity ownership in a corporation, representing a claim on part of the company's profits and a right to vote on corporate matters.

Dividends

Payments made to shareholders out of a company's profits.

Equity Method

This is a method in accounting where investments in external companies are initially logged at their acquisition cost, then later altered to account for the owner's share in the profits or losses of the company invested in.

Intra-entity Inventory

Inventory transactions that occur within the same company, involving transfers between departments or subsidiaries, not affecting the overall financial position.