Organizational Performance Is a Measure of How Efficiently and Effectively

question 67

True/False

Organizational performance is a measure of how efficiently and effectively managers use available resources to satisfy customers and achieve organizational goals.

---

Definitions:

Credit Card

A plastic card issued by a bank allowing the cardholder to borrow funds at the point of sale, which are to be repaid with interest.

Barter

The direct exchange of goods or services between parties without the use of money.

Subscapular Fossa

A shallow depression on the anterior surface of the scapula, covered by the subscapularis muscle.

Glenoid Cavity

A shallow, articular depression on the lateral angle of the scapula that articulates with the head of the humerus to form the shoulder joint.