An Organization Is a ___

question 163

Multiple Choice

An organization is a ___.

• A) collection of people working on the same projects
• B) collection of people working together to achieve a common purpose
• C) collection of people reporting to the same manager
• D) collection of people working in different departments
• E) collection of people working together in a business

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Definitions:

Underlying Values

Fundamental beliefs or principles that guide an individual's or organization's behavior and decision-making.

Tariffs

Taxes imposed on imported goods and services, used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.

Foreign Competition

Foreign competition involves businesses based in one country competing against products or services offered by companies based in other countries.

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and delivery of a product or service from supplier to consumer.