The Approach to Assessing Organizational Effectiveness That Often Forces Managers

question 81

Multiple Choice

The approach to assessing organizational effectiveness that often forces managers to do strategic juggling to achieve workable balances is the __________ approach.

• A) Resource acquisition
• B) Goal accomplishment
• C) Organizational culture
• D) Strategic constitutencies satisfaction
• E) Internal processes

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Definitions:

Standard Cost

A predetermined cost of manufacturing, administering, or marketing a product under normal conditions.

Selling and Administrative Expenses

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company.

Finished Goods Inventory

Completed products that are ready for sale but have not yet been sold.

Work in Process

Inventory that includes goods partially worked on but not yet completed; it is found between raw materials and finished goods in manufacturing.