Government and nonprofit agencies ______.

A. don’t need to respond to changes in the external environment
B. do need to respond to changes in the external environment
C. don’t need to plan for organizational change
D. don’t need to respond to changing public needs


B. do need to respond to changes in the external environment

Business

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Verbal, graphical, and mathematical models depict the same phenomenon or theoretical framework in different ways

Indicate whether the statement is true or false

Business

The ability to visualize an object, concept, or action not actually present is referred to as:

A) audio-visual aids B) concentration C) visualization D) imaging E) mental imagery

Business

The regrouping activity that involves collecting products from many small producers so that the products can be handled more economically further along in the channel is called

A. bulk-breaking. B. assorting. C. wholesaling. D. accumulating. E. sorting.

Business

Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for the next 20 years

If Bill can earn 12 percent on his contributions, how much will he have at the end of the twentieth year? A) $19,292 B) $14,938 C) $40,000 D) $144,104

Business