Which of the Following Statements Concerning the External Environment Is

question 118

Multiple Choice

Which of the following statements concerning the external environment is true?

• A)Different interest groups use identical criteria to evaluate organizational effectiveness.
• B)Different interest groups seldom make conflicting demands on organizations.
• C)Different parts of an organization will often be concerned with different components of its environment.
• D)The smaller an organization,the more control it is likely to have over its environment.
• E)Customers,suppliers,and employees are all components of an organization's external environment.

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Definitions:

Investment Interest Expense

The cost of interest on money borrowed to purchase taxable investments, which can sometimes be deducted from income for tax purposes.

Job Hunting

The process of actively seeking new employment, including activities such as applying for jobs, networking, and interviewing.

Deductible

The amount that a taxpayer must pay out-of-pocket before an insurance company will pay any expenses.

Unreimbursed Employee Business Expenses

Expenses employees incur in the course of performing their job that are not reimbursed by the employer.