________ Is the Process by Which Managers Select and Manage

question 51

Multiple Choice

________ 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.

• A) Organizational design
• B) Competitive analysis
• C) Arbitration
• D) Environmental scanning

---

Definitions:

Salvage Value

The anticipated remaining value of an asset once it has completed its functional lifespan, typically taken into account in computations of depreciation.

Natural Resources

Assets that come from the Earth and are used to produce goods and services, such as timber, oil, and minerals.

Units-of-Activity Method

The Units-of-Activity method is a depreciation approach based on the estimated usage, activity, or units produced over the asset's useful life, making depreciation expense directly proportional to its productivity.

Depreciated

The method of distributing the expense of a physical asset across its lifespan, indicating its diminishing value as time passes.