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The Strategic Approach to Organizational Behavior Is More Applicable to Business

question 16

True/False

The strategic approach to organizational behavior is more applicable to business organizations than to public sector and not-for-profit organizations.


Definitions:

Firm

A business organization, such as a corporation or partnership, engaged in commercial, industrial, or professional activities.

Owners

Individuals or entities that hold legal title to an asset, property, or business.

Stockholders

Individuals or entities that own shares in a corporation, giving them certain rights and potentially a share in the company's profits through dividends.

Social Responsibility

The obligation of individuals, organizations, or businesses to act in a way that benefits society at large.

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