Business Pressures on Organizations Are Created When There Are Changes

question 99

Multiple Choice

Business pressures on organizations are created when there are changes in

• A) Social factors
• B) Economic factors
• C) Legal factors
• D) Political factors
• E) Changes in all of the above will create business pressures.

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Definitions:

Automotive Maintenance

The practice of regularly servicing vehicles to ensure they operate efficiently, including tasks such as oil changes, tire rotations, and brake inspections.

Company's Success

The achievement of specific goals and objectives by a company, often measured by financial performance, market share, or other key indicators.

Administering Pay and Benefits

The process of managing and overseeing employee compensation and benefits packages.

Year-end Bonuses

Financial rewards given to employees at the end of the fiscal year, often based on performance or as part of a holiday tradition.