Contingency Approaches to Management Contend That ________

question 59

Multiple Choice

Contingency approaches to management contend that ________.

• A)situations determine managerial approach
• B)all organizations should be managed in the same way
• C)managers determine managerial approach
• D)no two organizations should be managed the same way

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Definitions:

Bonds

Fixed income investments where an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at an interest rate.

Promissory Notes

Written promises to pay a specified sum of money to a certain entity on demand or at a defined future time.

Amortized Debt

A loan that is paid off over time through a series of fixed, regular payments that cover both principal and interest.

Creditors

Individuals or entities that loan money or extend credit, expecting to be repaid, often with interest.