Organizational Performance Is Based on Two Sets of Measures

question 55

Multiple Choice

Organizational performance is based on two sets of measures:

• A) the strengths of the general manager and the profitability of the firm
• B) the health of the organization and the financial performance of the firm
• C) the safety record of the firm and the quality standards for the product
• D) the satisfaction of the shareholders and the return on investment

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Definitions:

Aggregate Demand

The collective demand for all goods and services within a particular economy at a specific price level and time period.

Aggregate Demand

is the total demand for all goods and services within a particular market or economy at a given price level and in a given time period.

Economic Fluctuations

Variations in the level of economic activity in a country over time, characterized by periods of boom and recession.

Future Optimism

A psychological state or economic theory that anticipates positive outcomes and growth in the future.