Formal Organizations

question 89

Multiple Choice

Formal organizations

• A) are secondary groups that are organized to accomplish complex tasks efficiently.
• B) may be very small or very large.
• C) are not relevant to most people's lives.
• D) are generally organized around kinship or friendship.

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Definitions:

PERT

Project Evaluation and Review Technique, a planning and control tool for managing complex projects.

Continuous Analysis

The ongoing assessment and examination of data or processes to inform decision-making and improve outcomes.

Value Chain

The sequence of activities an organization performs to design, produce, market, deliver, and support its product.

Periodic Analysis

The evaluation of business activities at regular, specified intervals to assess performance.