An organization’s board of directors is part of its ______ environment.

a. internal
b. uncontrollable
c. external
d. task
e. general


a. internal

The internal stakeholders consist of employees, owners, and the board of directors, if any.

Business

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The complexity of ____ is derived from three sources:

1. People at the same level can have quite different decision-making authority, 2. Not all decisions are of equal importance in organizations, and 3. Individuals may not perceive they really have authority although their job descriptions include it. a. Wide span of control b. Centralization c. High specialization of labor d. Decentralization

Business

Indirect costs allocated to products using activity-based costing are more accurate than traditional allocation systems

Indicate whether the statement is true or false

Business

Which statement about the median age of the U.S. population is true?

A. It is decreasing because the percentage of population in older age groups has decreased. B. It has not changed since 1980. C. It is growing because the percentage of population in older age groups has increased. D. It was 37 in 1980. E. It was about 30 by 2010.

Business

A line in a network that may represent a path or a route is called a(n)

A) arc. B) branch. C) line. D) fork. E) sink.

Business