
Which of the following best describes the managerial view on the purpose of business?
A) A business framework where the job of top managers is to produce the highest possible stock market valuation of the firm's assets
B) A business framework that attempts to organize and analyze multiple groups that interact with the firm
C) A business framework where organizational structure is based on fit between the organization and various aspects in its environment
D) A business framework where the firm is seen as a mechanism for converting raw materials into products to sell to customers
Correct Answer:
Verified
Q1: The frontline managers of a firm are
Q2: Which of the following statements best describes
Q3: Which of the following individuals is the
Q5: One increasingly popular acronym that captures the
Q6: Which of the following questions is addressed
Q7: Z-Gadgets often faces opposition when it goes
Q8: Harry, a top manager of an organization,
Q9: According to the contingent view
A) organizations must
Q10: Which of the following is the most
Q11: Helen, a senior executive, works with others
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents