A Transfer That Happens When the Owner Realizes There Is

question 15

Multiple Choice

A transfer that happens when the owner realizes there is little chance of being able to sell the firm and gives the firm to someone as a gift,without compensation is called _____.

• A) workout
• B) sell off
• C) pass off
• D) succession

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Definitions:

James D. Thompson

A sociologist known for his contributions to organizational theory, particularly for his work on organizations as open systems and technologies.

W. Edward Deming

An American engineer, statistician, and management consultant known for his work in the field of quality management and his contribution to Japan's industrial recovery post-World War II.

Organizational Learning

The process through which an organization acquires, develops, and transfers knowledge, skills, and values, improving its effectiveness over time.

David A. Garvin

A renowned academic and author known for his contributions to the fields of business management and quality management.