According to the 7-S Framework, _____ Refers to Patterns of Management

question 21

Multiple Choice

According to the 7-S framework, _____ refers to patterns of management actions, how managers spend their time, what they pay attention to, the signals that they send about priorities, and attitude to change.

• A) strategy
• B) support
• C) staff
• D) style

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Definitions:

Extraordinary Items

Events or transactions that are both unusual in nature and infrequent in occurrence, significantly affecting a company's financial position and reported separately in financial statements to provide clarity.

Percentage Change

A measure expressing the relative difference between a new value and an old value, often used to describe changes in financial or statistical data.

Gross Profit

The financial performance metric that subtracts the cost of goods sold from total revenue, indicating the efficiency of the core business activities.

Net Sales

The total revenue from sales minus returns, allowances, and discounts.