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What Are the Major Forces in a Situation That Influence

question 2

Essay

What are the major forces in a situation that influence a manager's determination of how to make decisions? Explain briefly.


Definitions:

Gross Wage

The total amount of salary or wages earned by an employee before any deductions are made.

Employer Cost

The total expense borne by an employer to employ workers, including salaries, benefits, and taxes.

Net Pay

The amount of money an employee takes home after deductions like taxes and retirement contributions are subtracted from their gross pay.

Payroll

The total amount paid to employees for services rendered during a specific period, including wages, salaries, bonuses, and deductions.

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