Which of the Following Theories States That an Organization Must

question 73

Multiple Choice

Which of the following theories states that an organization must respond to the needs and demands of other organizations in its environment?

• A) contingency theory
• B) the enacted environment concept
• C) resource dependence theory
• D) transaction cost theory

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Definitions:

Consumer Purchase Decision

The process by which individuals select, purchase, and use goods and services to satisfy their needs and desires, involving multiple stages such as information search and evaluation of alternatives.

Problem Recognition

The initial stage in the consumer decision process where an individual realizes a difference between their current state and a desired state, triggering a search for information or a solution.

Consumer Purchase Decision

The process by which individuals identify their needs, gather information, evaluate options, and make the decision to buy a product or service.

Information Search

The process of gathering data and details about a specific subject or decision-making need.