Organizational ________ Is a Measure of How Appropriate Organizational Goals

question 55

Multiple Choice

Organizational ________ is a measure of how appropriate organizational goals are and how well an organization is achieving those goals.

• A)effectiveness
• B)productivity
• C)performance
• D)efficiency

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Definitions:

Mutual Agency

A principle in partnerships where each partner has the authority to bind the partnership to contracts within the scope of the business's operations.

Limited Life

A term that refers to the finite existence of a business entity or an asset's useful life.

Store Equipment

Assets such as shelving, registers, computers, and other machinery used in the operation of a retail store.

Accounts Payable

Short-term liabilities representing the amount a company owes to suppliers or creditors for goods and services received but not yet paid for.