Organizational Effectiveness Can Be Defined as Meeting Organizational Objectives and Prevailing

question 98

Multiple Choice

Organizational effectiveness can be defined as meeting organizational objectives and prevailing societal expectations in the near future, ___________________, and surviving into the distant future.

• A) planning strategically in the middle
• B) adapting and developing in the intermediate future
• C) reorganizing and outsourcing in the intermediate future
• D) realizing a profit in the intermediate future
• E) solving problems and benchmarking in the intermediate future

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Definitions:

Liquidated Damages

A predetermined amount of money that must be paid as damages for failure to perform under a contract.

Identified Before Breach

A legal term referring to goods specified by the buyer and seller in a contract for sale before any default occurs.

Nominal Damages

A small amount of money awarded by a court to recognize that a legal wrong has occurred, but no substantial harm was done.

Compensatory Damages

Monetary compensation awarded to a plaintiff to offset losses or injuries that have occurred as a result of the defendant's actions.