According to ______, all organizations are unique, and subject to internal and external environmental influences that can affect their efficiency.
A. chaos theory
B. open systems theory
C. network theory
D. closed system theory
B. open systems theory
You might also like to view...
The depreciation method using a fixed rate applied to the undepreciated cost of the asset each year, resulting in successively smaller depreciation charges as the undepreciated cost diminishes year by year is called the
a. declining-balance method. b. sum-of-the-years'-digit method. c. units-of-production method. d. straight-line method.
A company following the ____________ strategy approach might focus on hiring flexible and adaptable employees.
A. differentiation B. cost leader C. niche D. customer-driven E. None of the above
The company iRobot got its start by developing high-tech robots for military uses, but it later started making futuristic robots that clean and wax floors in homes everywhere. Which of the four types of opportunity does this illustrate?
A. market development B. golden opportunity C. diversification D. market penetration E. opportunity cost
If you co-sign a loan
A) you are not responsible for future payments on the loan. Your signature only indicates that you believe the borrower is credit worthy. B) you are only responsible for the remaining loan payments if the borrower becomes bankrupt. C) you are only responsible for the portion of the loan that you personally benefited from. D) you are financially responsible for the outstanding loan balance should the borrower stop repayments.