Which of the Following Statements About the Organization Is True

question 34

Multiple Choice

Which of the following statements about the organization is true?

• A)The organization is more like a motion picture than a snapshot.
• B)Today's organizations are far removed from the traditional forms they once had.
• C)Organizations are hotbeds of social relationships.
• D)Organizations contain coalitions.
• E)All of the above statements about organizations are true.

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Definitions:

Net Profit Margin Ratio

A profitability metric that shows the percentage of revenue that remains as net income after all expenses have been deducted.

Net Income

The total earnings of a company after accounting for all expenses and taxes, reflecting the company's profitability.

Operating Revenues

Income generated from the core business activities of a company.

Gross Profit

The earnings a company retains after subtracting the expenses incurred in the production and sale of its goods, or the expenses related to delivering its services.