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Which Part of an Organizational System Is Most Closely Related

question 74

Multiple Choice

Which part of an organizational system is most closely related to the goal approach to organizational effectiveness?


Definitions:

Complements

Products or services that are often used together, such that the demand for one increases the demand for the other.

Price

The sum of currency anticipated, required, or given in transaction for something.

Demand

The desire and ability of consumers to purchase goods and services at various prices.

Law of Demand

States that, all other factors being equal, as the price of a good increases, demand for that good decreases, and vice versa.

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