The Systems View Is Important to Managers Because It

question 83

Multiple Choice

The systems view is important to managers because it

• A) underscores the importance of the organization's environment.
• B) gives them a set procedure for making decisions.
• C) allows them to eliminate the interaction among various elements of the organization.
• D) reduces their risk of human error.
• E) shifts the focus from outside the company to inside the company.

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Definitions:

Capital

Financial assets or resources that individuals or companies use to fund their operations and invest in their growth.

Tax Deduction

An expense that can be subtracted from gross income to reduce the taxable income, resulting in lower taxes owed.

Legally Guaranteed

Ensured or secured by law; having legal promise or assurance.

Private Property

The legal right to own and control property (such as land or buildings) by individuals or corporations.