Organizations are open systems that affect and are affected by their external environments.
Answer the following statement true (T) or false (F)
True
Organizations are open systems-that is, they are affected by and in turn affect their external environments. For example, they take in inputs from their environment and use them to create products and services that are outputs to their environment.
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What are the strengths of the net present value capital budgeting method?
What will be an ideal response?
For a quick analysis of the basic level of job satisfaction in an organization, ______ is a good tool.
A. The Johnson Quick-look Survey B. The Job Satisfaction Survey C. The Faces Scale D. The JS Analytical Index E. An informal Q&A session
When European budget carrier Ryanair announced a plan to offer $10 tickets for flights between London and New York, it was engaging in what type of pricing strategy?
a. break-even analysis b. undercut pricing c. cost-plus pricing d. price lining
Inventory is a concern only for manufacturing companies.
Answer the following statement true (T) or false (F)