Which of the Following Is the Best Description of OB's

question 48

Multiple Choice

Which of the following is the best description of OB's current state?

• A)All of OB is based on universal truths proposed by academics,researchers,and practitioners.
• B)OB is practically based on situational or contingency conditions.
• C)There is little disagreement among OB researchers and scholars as to the current state.
• D)Cause-effect principles have been isolated and tend to apply to all situations.
• E)Political forces have a tendency to influence the study of OB and,hence,skew resulting conclusions.

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Definitions:

Credit Sales

Transactions where the goods or services are provided to a customer with an agreement that payment will be made at a later date.

EOQ

Economic Order Quantity is the ideal quantity of inventory a company should purchase to minimize the total costs of ordering and holding.

Quantity Discount

A pricing strategy where the price per unit of an item is reduced based on the quantity purchased, incentivizing larger orders.

Carrying Costs

The expenses incurred by holding inventory or assets over a period of time.