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:

Indefinite Life

Refers to assets that do not have a foreseeable end to their useful life, often applicable to intangible assets like trademarks.

Intangible Asset

An asset that lacks physical substance and is not financial in nature, such as patents, trademarks, and copyrights.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, representing non-physical assets like brand reputation and customer loyalty.

Book Value Decrease

A reduction in the book value of an asset, often due to depreciation, impairment, or disposal.