Organizational Boundaries Have Become Less Important as a Result of

question 55

Multiple Choice

Organizational boundaries have become less important as a result of

• A)multiculturalism in Canada.
• B)electronic communication.
• C)jargon.
• D)email.
• E)globalization.

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Definitions:

Cash Collections

The process of gathering and managing cash inflows from various sources, such as sales or receivables.

Planning

Selecting a course of action and specifying how the action will be implemented.

Control

Those steps taken by management to increase the likelihood that all parts of the organization are working together to achieve the goals set down at the planning stage.

Production Budget

A financial plan showing the number of units to be produced in a period to meet sales and inventory requirements.