Which of the Following Is a Function Performed by Organizations

question 87

Multiple Choice

Which of the following is a function performed by organizations within the administrative system?

• A) The production of goods and operation of services sold to buyers
• B) The disbursement of funds to individuals and groups
• C) The adjudication of applications or interpretation of regulations
• D) Both B and C
• E) All of the above

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Definitions:

LDCs

Less Developed Countries, nations with low levels of industrialization, low income per capita, and generally poor standards of living.

NICs

Newly Industrialized Countries, which are in transition from developing to developed status due to rapid economic growth.

Per Capita

A statistical measure expressed as the total amount of something divided by the number of people in a particular group, often used to compare economic indicators across different regions or countries.

GDPs

Short for Gross Domestic Products, it refers to the total market value of all final goods and services produced within a country in a given period of time.