The Activities Needed to Operate a Business Can Be Divided

question 85

Multiple Choice

The activities needed to operate a business can be divided into a number of _____.

• A) fiscal policies
• B) economic indicators
• C) business cycles
• D) functional areas

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Definitions:

Labor Law

The body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations.

Employer Needs

The requirements or demands of employers that need to be met for operational success, including staffing, productivity, and regulatory compliance.

Employee Needs

The requirements and desires of employees in the workplace, including fair compensation, safe work environments, and respect.

Bargaining Power

The relative capacity of parties in a negotiation to exert influence over one another, determining the terms of agreements.