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Organizational Design Is the Process by Which Managers Select and Manage

question 56

True/False

Organizational design is the process by which managers select and manage aspects of structure and culture so an organization can control the activities necessary to achieve its goals.


Definitions:

5-Year Bank Loan

A financial agreement where a bank lends money to a borrower, to be repaid with interest over a five-year period.

Intangible Assets

Non-physical assets that have value, such as trademarks, patents, copyrights, and goodwill.

Patents

Legal documents granting exclusive rights to inventors for their inventions, protecting them from unauthorized manufacturing or selling.

Copyrights

Legal rights granted to the creators of original works, protecting them against unauthorized use or reproduction.

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