Which of the Following Statements About Management Is TRUE

question 11

Multiple Choice

Which of the following statements about management is TRUE?

• A) Management occurs solely among individuals at high levels in organizations.
• B) Management exists only in business firms.
• C) Management is relatively unimportant in not-for-profit organizations.
• D) Management exists in organized crime and street gangs.
• E) None of these choices

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Definitions:

Transfer Technologies

The process of sharing or moving technological innovations and advancements from one entity to another.

Foreign Corrupt Practices Act

A United States federal law aimed at preventing the bribery of foreign officials for the purpose of obtaining or retaining business.

Bribe

An illicit payment, favor, or incentive given to influence someone's behavior or decisions for one's own benefit.

Illegal

Activities or actions that are forbidden by law.