Which of the Following Goals Best Describes Today's View of the Organizing

question 216

Multiple Choice

Which of the following goals best describes today's view of the organizing function? Organizing today focuses on

• A) achieving unified opinions from a diversified workforce.
• B) designing the organization around the customer.
• C) simplifying the process of measuring outcomes related to performance standards.
• D) developing the most efficient strategic plans for the firm.

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Definitions:

Indirect Costs

Costs that are not directly tied to a specific project or product, such as administration, personnel and security costs.

Direct Costs

Expenses that can be directly linked to the production of a specific good or service, such as raw materials and labor.

Underwriting Spread

The difference between the price at which underwriters purchase securities from the issuer and the public offering price set for the securities.

Rights Offering

A corporate action where a company offers existing shareholders the right to buy additional shares at a discount before offering them to the public.