Which of the Following Is Not Part of an Organization's

question 103

Multiple Choice

Which of the following is not part of an organization's environment?

• A) public pressure groups
• B) customers
• C) employees
• D) competitors
• E) suppliers

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Definitions:

Unit Variable Costs

The variable costs that are incurred for each unit of production, including materials and labor directly associated with the manufacturing of the product.

Operating Income

The income a business receives after subtracting operating costs from its gross profit.

Fixed Costs

Costs that do not change with the level of production or sales activities, such as rent, salaries, and insurance premiums.

Variable Costs

Costs that change in proportion to the level of production or business activity.