Which of the Following Is True of Management

question 13

Multiple Choice

Which of the following is true of management?

• A)It takes society rather than the individual as its point of departure.
• B)It traces its origins to philosophy and the science of physiology.
• C)It examines the effects of efficient organizational cultures on organizational performance.
• D)It includes the design, implementation, and supervision of various administrative and organizational systems.

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Definitions:

Long-term Liabilities

Obligations of a company that are due beyond the current fiscal year or operating cycle.

Inventory Turnover Rate

A measure of how many times a company's inventory is sold and replaced over a specific period.

Selling Office Furniture

The act of disposing or trading office furniture, typically to acquire newer items, manage space, or liquidate assets.

Industry Averages

Statistical metrics that represent the average performance of companies within a particular industry, useful for benchmarking.