Which of the Following Organizations Is Not Likely to Use

question 50

Multiple Choice

Which of the following organizations is not likely to use budgets?

• A)Manufacturing firms.
• B)Merchandising firms.
• C)Firms in service industries.
• D)Nonprofit organizations.
• E)None of these,because all are likely to use budgets.

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Definitions:

Universal Approach

A theory or method that assumes it can be applied effectively across different contexts and cultures without significant modification.

Contingency Approach

An organizational theory that suggests the effectiveness of leadership or decision-making strategies is dependent on the context or situation.

Transformational Leaders

Leaders who inspire and motivate followers to exceed their own interests for the sake of the team or organization, facilitating significant change.

Vision

A clear, guiding future image of what an individual or organization aims to become or achieve.