The Woodward Contingency Model of Organizational Structure Looks at How

question 64

True/False

The Woodward contingency model of organizational structure looks at how structure influences technology.

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Definitions:

Cash

A form of liquid asset that represents immediately available funds for transaction, trade, and settling debts.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.

Service Revenue

Revenue received by a business from the services it offers to its clients.

Normal Balance

The side of an account, whether debit or credit, where increases in the account are recorded, determined by the account's classification in the accounting equation.