An Organization with a Task Environment Containing Very Few Individual

question 142

Short Answer

An organization with a task environment containing very few individual elements and changing very little from time to time would,according to Thompson,experience a(n)____________________ level or degree of uncertainty.

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Definitions:

Collection Float

The time period between when a check is deposited in a bank and when the funds are available in the account, impacting cash flow management.

Lockbox System

A lockbox system is a service offered by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the collection and processing of check payments.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, involving the collection and processing of checks at a secure location.

Customer's Account

A record maintained by a business or financial institution that tracks an individual customer's purchases, balances, and transactions.