Since Organizations Obtain Resource Inputs from the Environment and Transform

question 141

Multiple Choice

Since organizations obtain resource inputs from the environment and transform them into outputs that are returned to the environment in the form of finished goods or services, they may be viewed as:

• A) stakeholders.
• B) suppliers.
• C) open systems.
• D) transformational paradigms.
• E) resource allocators.

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Definitions:

Performance Management Programs

Systems and processes that help improve employees' performance and align their objectives with the organization's goals.

Employee Goals

Objectives set by individuals within their professional role, aimed at achieving specific outcomes or improvements.

Personal Biases

Individual preconceived notions or preferences that influence judgment and decision-making, often unconsciously.

Business Strategy

A set of competitive moves and actions that a business uses to attract customers, compete successfully, and achieve organizational goals.