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As Courts Now Tend to Accept an Agency's Reasonable Interpretation

question 54

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As Courts now tend to accept an agency's reasonable interpretation of a statute involving a technical matter, even though it was not the only interpretation that could have been made.

Assess the long-term performance differences between adaptive and nonadaptive firms.
Understand the influence of organizational culture on employee performance and behavior.
Grasp the stages of organizational socialization process and their relevance.
Learn methods of assessing and changing organizational culture.

Definitions:

Step-down Method

An accounting method used for allocating indirect costs to different departments based on a hierarchy where the first allocation base is the costliest department.

Personnel Department

The division of a business that is focused on activities relating to employees, such as hiring, training, and benefits administration.

Number Of Employees

The total count of individuals employed by a business or organization at a specific point in time.

Step-down Method

A method used in accounting to allocate service department costs to production departments in stages.

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