Which of the Following Is the Best Description of 'Specific

question 36

Multiple Choice

Which of the following is the best description of 'specific' or 'existing' goods?

• A)Goods that are defined by description only,such as 'A bag of apples.'
• B)Goods identified and agreed upon at the time of sale,such as 'This apple.'
• C)Goods to be manufactured or acquired by the seller after the time of sale,such as 'Your next crop of apples.'
• D)Goods which were previously unascertained but have now been identified and agreed upon by the parties,such as 'I accept your selection of apples in this bag.'

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Definitions:

Henry Fayol

A French engineer and management theorist best known for developing a general theory of business administration and identifying 14 principles of management.

Specialization of Labor

The division of work into specific tasks, with each worker focusing on a particular task to increase efficiency and expertise.

Principles of Management

These are fundamental guidelines that outline effective management practices to run organizations efficiently and achieve organizational goals.

Functional Approach

A methodology in business or research that focuses on the specific roles and activities within a system or organization.