A Good Can Serve as Money Only If

question 101

Multiple Choice

A good can serve as money only if

• A)government mandates that the good must be accepted in payment of debts.
• B)it is declared by authorities to be legal tender.
• C)it has intrinsic value or if it is backed by precious metals.
• D)citizens accept the good as a means of payment for transactions and debts.
• E)the good is actually consumed by everyone.

Explain the role of coordination methods and the size of organizations in standardization.

Recognize the principles behind the systems/contingency and transformational models, including their adaptability and approach to management and communication.

Describe how virtual organizations operate and their temporary nature.

Understand the concept of mutual adjustment as a method of coordination.

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Definitions:

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A role or title that entails responsibilities and the power to make decisions and enforce rules.

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The process of creating, designing, and refining email content, often for marketing purposes.

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The process of defining goals, establishing strategies, and outlining tasks and schedules to achieve desired outcomes.