Which One of the Following Statements Is True Regarding an Organization's

question 68

Multiple Choice

Which one of the following statements is true regarding an organization's goals?

• A) All organizations share the single goal of making profits.
• B) A single goal is more efficient than multiple goals for defining an organization's success.
• C) Using a single goal such as profit may result in unethical behaviors by employees.
• D) Long-term success is ensured if managers emphasize only one goal for an organization.

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Definitions:

Delinquent Taxes

Taxes that have not been paid by the due date, often subject to penalties and interest charges.

Short-Term Note

A debt instrument or loan with a maturity of less than one year, often used for immediate financing needs.

Cost Basis

The original value or purchase price of an asset or investment for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.

Transportation Costs

Expenses associated with the movement of goods or people from one place to another.