Which of the Following Is the Most Complete Description of Organizational

question 73

Multiple Choice

Which of the following is the most complete description of organizational effectiveness?

• A) the extent to which an organization accomplishes its objectives
• B) overall profitability of an organization or an organizational unit
• C) ability of an organization to produce maximum output with a given input
• D) the extent to which an organization's actions benefit society
• E) the extent to which an organization's resources are used cost-effectively

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Definitions:

Excess Merchandise

Items that exceed the demand or inventory requirements of a business, often leading to markdowns or clearance sales.

Annual Fee

A yearly charge levied by financial institutions, credit card companies, or clubs for membership or access to services.

Full Price

Full price refers to the total, undiscounted amount charged for a product or service.

Anchor Stores

Large, prominent retailers within a shopping mall or center that attract a significant number of shoppers, serving as a foundational attraction for the center.