___________Is the Study of How Organizations Function and How They

question 32

Multiple Choice

___________is the study of how organizations function and how they affect and are affected by the environment in which they operate.

• A)Organizational theory
• B)Organizational structure
• C)Organizational behavior
• D)Organizational culture

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Definitions:

Net Working Capital

measures a company's short-term financial health by subtracting its current liabilities from its current assets, indicating the liquidity available to fund day-to-day operations.

Accounts Receivable

Unsettled financial obligations to a corporation from its customers for products or services already delivered or engaged in, awaiting payment.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company’s balance sheet.

Just-in-time

An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.