The Two Ways in Which the Environment Influences Organizations Are

question 37

Multiple Choice

The two ways in which the environment influences organizations are the need for information about changes in the environment and:

• A)the need for opposition from the environment.
• B)the need for information about future requirements of customers.
• C)the need for resources from the environment.
• D)the need for information about competitors' activities.

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Definitions:

FICA Taxes

Taxes collected from both employers and employees in the United States to fund Social Security and Medicare, consisting of both Social Security and Medicare taxes.

Supplemental Retirement

Additional retirement savings and income plans beyond standard pension arrangements, often offered to employees as part of their benefits package.

Employment Disability

A condition or situation where an individual is unable to work due to injury or illness, potentially affecting their income.

Salaries And Wages Expense

The total amount spent by a business on employee salaries and wages before deductions during a given period.