A Business Owner Accepts the Importance of the ________ Theory

question 28

Multiple Choice

A business owner accepts the importance of the ________ theory. Consequently he has structured his company to fit the factors that affect it the most in an effort to eliminate as much uncertainty as possible.

• A) contingency
• B) best-fit
• C) profit
• D) standardized

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Definitions:

No-Layoff Policies

Employer commitments or agreements that aim to avoid terminating employment due to economic downturns, often through alternative strategies such as work sharing or temporary leave.

Electronic Communication

The transfer of information or messages between individuals or groups using electronic devices such as computers, phones, and email.

Handbooks

Manuals or guidebooks that provide information on policies, procedures, and standards within an organization or for a specific product.

Manuals

Instructional guides or reference books that provide instructions, information, or guidance on how to operate devices, perform tasks, or follow procedures.