The Survival of an Organization Depends on Not Just How

question 31

Multiple Choice

The survival of an organization depends on not just how productive the organization is, but also on ________.

• A) their economy of scale
• B) how well they fit in the environment
• C) which products they produce
• D) their geographic expansion
• E) the strength of their competitors

Recognize the role of performance measurements and reference points in control systems.

Identify the importance of organizational culture in enforcing controls.

Distinguish between various control techniques and their impact on organizational behavior.

Grasp the concept of time management in production through cycle time understanding.

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Definitions:

Nonexcludable

A characteristic of public goods where it is not feasible to exclude individuals from using the good, leading to potential free-rider problems.

Common Resource

A resource, like air or water, that is accessible to all members of a society but subject to overuse and depletion.

Negative Externalities

Costs suffered by a third party due to an economic transaction they were not involved in.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.