Management Approach That Focuses on the Fact That Groups and Units

question 98

Multiple Choice

Management approach that focuses on the fact that groups and units within the same organization differ in goals and work activities is the ____________.

• A) scientific management approach
• B) quantitative approach
• C) systems approach
• D) contingency approach
• E) organizational behaviour approach

Understand the conditions under which a minor may disaffirm a contract.

Examine how misrepresentation of age by a minor affects their ability to cancel a contract.

Analyze a minor's obligations upon disaffirming a contract for the sale of goods.

Discuss the concept and implications of ratification in contracts entered into by minors.

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Definitions:

Cash Received

The total amount of money, including cash, checks, and electronic transfers, that is received by a business during a specified period.

Accounting

The information system that identifies, records, and communicates the economic events of an organization to interested users.

Revenue Account

An account that tracks the income generated from normal business operations, such as sales of goods or services.