Which of the Following Theories States That an Organization Must

question 92

Multiple Choice

Which of the following theories states that an organization must respond to the needs and demands of other organizations in its environment?

• A) Resource dependence theory
• B) The enacted environment concept
• C) Contingency theory
• D) Transaction cost theory

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Definitions:

Objectives

Specific, measurable goals that a person or organization aims to achieve within a defined timeframe.

Promotion

Marketing activities aimed at increasing awareness, interest, and sales of a product or service, including advertising, sales promotions, and public relations.

Allocations

The process of distributing resources, such as time, money, or materials, among various projects or departments.

Sales Forecast

An estimate of the expected sales for a particular product or service over a specific period, considering factors like market trends and historical data.