Managers Need to Consider the Individual and the Situation When

question 41

Multiple Choice

Managers need to consider the individual and the situation when making:

• A)Organizing decisions about the job
• B)Leading decisions about the organization
• C)Controlling decisions about the departments
• D)Planning decisions about the strategies of the company

---

Definitions:

United Nations Convention

A treaty or agreement under the auspices of the United Nations, establishing standards and norms for its member countries.

Unique Goods

Items that are distinct due to their design, quality, or rarity, often making them irreplaceable in transactions.

International Sale of Goods

Refers to the sale transaction of goods between parties situated in different countries, governed by international agreements like the CISG.

Letter-of-Credit Transaction

A financial transaction in which a bank guarantees the payment of a buyer's obligations to a seller, provided that the seller meets the specified terms of the sales agreement.