________ States That in Order to Manage Effectively, an Organization

question 101

Multiple Choice

________ states that in order to manage effectively, an organization should design its structure to fit with the environment.

• A) Contingency theory
• B) Organizational theory
• C) Organizational behavior
• D) Environmental richness

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Definitions:

Sales

Sales refer to the revenue earned from selling goods or services over a period of time.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period.

Inventory

Inventory refers to the goods and materials that a business holds for the ultimate goal of resale or processing.

Cost Of Goods Sold

Financial obligations directly arising from the manufacturing of a company’s products, including material and labor costs.