Which One of the Following Statements Is True Regarding an Organization's

question 68

Multiple Choice

Which one of the following statements is true regarding an organization's goals?

• A) All organizations share the single goal of making profits.
• B) A single goal is more efficient than multiple goals for defining an organization's success.
• C) Using a single goal such as profit may result in unethical behaviors by employees.
• D) Long-term success is ensured if managers emphasize only one goal for an organization.

---

Definitions:

Millions

A numerical term referring to a count or value in the millions, often used in financial contexts to indicate quantities or sums.

Operating Cash Flow

An assessment of the cash income resulting from a company's standard operational processes.

Millions

A numerical term representing one thousand thousands, or 1,000,000.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote on corporate matters and receive dividends.