In Pursuing Its Goals, an Organization Does All of the Following

question 59

Multiple Choice

In pursuing its goals, an organization does all of the following except:

• A) Acquire resources.
• B) Hire personnel.
• C) Engage in an organized set of activities.
• D) Focus on reducing the budget.
• E) Engage in management team activities to make the best use of resources and people.

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Definitions:

Escheats

The process by which unclaimed or abandoned property reverts back to the state.

Surviving Relatives

Family members who remain alive after an individual has passed away, often considered in legal contexts for inheritance or benefits.

Executor

The individual appointed to administer the estate of a deceased person in accordance with their will.

Testamentary Trust

A legal mechanism specified in a will that comes into effect upon the death of the individual, and dictates how their assets are allocated.