According to the Systems Approach, Effective Management Must Ensure That_______

question 8

Multiple Choice

According to the systems approach, effective management must ensure that_______ .

• A) all interdependent units within an organization operate together
• B) its organization succeeds in ignoring governmental regulations
• C) its organization becomes self- contained
• D) key departments within an organization have the greatest efficiency

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Definitions:

Regulatory Standards

Established rules and specifications issued by authoritative bodies to ensure products, services, or processes meet specific requirements.

Clayton Act

A U.S. law enacted in 1914 aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Antitrust Act.

Interlocking Directorates

The practice of having the same individuals serve on the boards of directors of multiple, often competing, companies.

Competitive Sales

Sales activities that occur in a market where multiple sellers are trying to attract the same buyers, emphasizing price, quality, and service to win business.