An Organization That Has Developed a Capacity to Continuously Adapt

question 31

Multiple Choice

An organization that has developed a capacity to continuously adapt and change because all its members take an active role in identifying and resolving work-related issues is referred to as a(n) :

• A)diverse organization.
• B)boundaryless organization.
• C)learning organization.
• D)changing organization.
• E)modern organization.

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Definitions:

Receivables Balance

The complete amount of financial liabilities customers hold towards a company for supplied goods or services awaiting payment.

Accounts Receivable Period

The amount of time it takes for a company to collect payment from its customers after a sale has been made.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company.