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It Is Not Necessary for Managers to Fully Understand the Causal

question 32

True/False

It is not necessary for managers to fully understand the causal relationship between their actions and the organization's overall performance to get results.


Definitions:

Operational

Pertains to the day-to-day activities and tasks necessary for running a business or organization, focusing on efficiency and effectiveness.

Top Supply Position

A strategic role or status achieved by being among the best suppliers in terms of reliability, quality, and competitiveness.

Supply Function

An economic principle describing the relationship between the price of a good and the quantity supplied, assuming other factors remain constant.

Organizational Goals

Objectives or targets set by an organization that guide its strategy, operations, and endeavors towards achievement.

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