Refer to the Scenario Given to Answer the Following Questions

question 115

Multiple Choice

Refer to the scenario given to answer the following questions.
It's Academic (Scenario)
Rachel is the academic dean for a regional community college. The president has asked her to develop a plan for the college. He wants a plan covering the next five years, and he wants it to be as specific as possible, but not to the extent that it constrains flexibility. In developing the plan, Rachel must address several emerging issues, including advancements in teaching technology, shifting demand for various academic programs, declining student enrolment, and increasing competition from other schools. Despite projections that student enrolment will continue to decline over the next five years, Rachel must ensure that the plan allows the college to meet its employment obligations to tenured faculty who have been offered long-term teaching positions.
-Declining student enrolment and increasing competition are examples of which contingency factor that can affect planning?

• A) level in the organization
• B) degree of goal flexibility
• C) level of urgency
• D) degree of environmental uncertainty
• E) length of future commitments

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Definitions:

Monthly Payroll

The total sum of all forms of compensation that employees receive from their employer within a month.

Accounting Firm

An organization specializing in performing financial tasks for individuals or businesses, such as audits, tax filings, and financial consulting.

Standard Deviation

Measures the amount of variation or dispersion of a set of values from the mean in a dataset.

Z-Score

A measure indicating the number of standard deviations an element is from the mean.