Organisations only have financial/economic impacts.Group of answer choicesTrueFalse

The statement "Organisations only have financial/economic impacts" is False.

Explanation:

Organizations can have a variety of impacts beyond just financial or economic ones. These can include social, environmental, and cultural impacts as well. For example:

1. Social Impact: Organizations can influence community development, improve education, and contribute to healthcare.

2. Environmental Impact: Many organizations have ecological footprints that can either harm or help the environment, such as pollution or conservation efforts.

3. Cultural Impact: Organizations can affect cultural norms, promote diversity, and influence societal values.

In conclusion, organizations have diverse impacts on society, which go far beyond just financial or economic considerations.