An Accountant Who Purchases Software for Maintaining Clients' Books Is

question 160

Multiple Choice

An accountant who purchases software for maintaining clients' books is an example of a buyer in a(n) ____ market.

• A)consumer
• B)producer
• C)reseller
• D)government
• E)institutional

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Definitions:

Contextual Variables

A set of four characteristics that influence the success of an organization’s design.

Organization's Design

The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategies.

Success

Achievement of an action within a specified parameter of time, effort, or both, often measured against preset known standards of completeness, excellence, or other metrics.

Woodward's Classification

A framework developed by Joan Woodward that categorizes firms into groups based on their level of technology and how it impacts organizational structure.