Organizational Performance in the Long Run Depends On

question 35

Multiple Choice

Organizational performance in the long run depends on:

• A) effectively adapting to the environment.
• B) acquiring the necessary resources to survive.
• C) whether the organizational uses an effective transformation process to produce its products and services.
• D) all of the answers are correct

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Definitions:

Marginal Cost

The cost increase attributed to the manufacture of an additional product or service unit.

Department of Education

A government agency responsible for national policies and programs that aid in American education.

Grade Point Average

A numerical assessment of a student's academic performance, averaged over a period, typically on a 4.0 scale.

Loans

Financial arrangements where a lender provides funds to a borrower with the expectation that the borrower will repay the principal amount plus interest or fees over time.