Which of the Following Statements Best Describes the Current Status

question 31

Multiple Choice

Which of the following statements best describes the current status of organizational behavior concepts?

• A) They are based on universal truths.
• B) Since people are complex, the theories explaining their actions must also be complex.
• C) There is general consensus among OB researchers and scholars on the simple concepts that underlie most human behavior.
• D) Cause-effect principles that tend to apply to all situations have been discovered.
• E) Cause-and-effect relationships for most human behaviors have been isolated.

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Definitions:

Fixed Asset Requirements

The necessary investments in long-term assets like property, plant, and equipment that a business needs to carry out its operations.

Return On Assets

A financial ratio indicating how profitable a company is relative to its total assets, calculated by dividing net income by total assets.

Operating Cycle

The duration between a company's purchase of inventory and the collection of accounts receivable generated from sales of that inventory.

Accounts Receivable Period

The accounts receivable period measures the average number of days it takes for a company to collect payments after a sale has been made, indicating the efficiency of its credit and collection policies.