A firm's formal reporting structure, its formal and informal planning and its controlling and coordinating systems are examples of which type of resources?
A) financial resources
B) physical resources
C) human resources
D) organizational resources

Question

Quizplus · Accepted Answer

The firm's formal reporting structure, planning, and controlling and coordinating systems are all examples of organizational resources. They are related to the organization's structure, culture, and management systems, which are crucial for efficient operations and effective decision-making. Financial resources refer to the funds available to the organization, physical resources are the tangible assets such as facilities, equipment, and materials, and human resources refer to the people working for the organization.

A Firm's Formal Reporting Structure, Its Formal and Informal Planning