When Jane appeared for an interview at Incogyn Inc., she was promised a monthly pay of $7,500 after all tax deductions. However, after her first month at work, she received only $7,230. She filed a suit against the company on the grounds of misrepresentation of information, and the company incurred losses because of the amount it had to pay as fine. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.
A) technological component
B) sociocultural component
C) legal component
D) geographical component

Question

Quizplus · Accepted Answer

The scenario involves a legal issue where the company promised a certain amount of pay to the employee but did not fulfill it, leading to a lawsuit and fines. This highlights the impact of the legal component on organizations, which includes laws and regulations that affect business operations and the consequences of non-compliance.

When Jane Appeared for an Interview at Incogyn Inc