Part of what defines an organization is its purpose
What will be an ideal response?
Answer: TRUE
Explanation: The goals or purpose of an organization define the organization's reason for existing. Without a common purpose, a group of individuals does not qualify as an organization.
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Why is it especially important in marketing and sales messages to avoid implying offers or promises you cannot fulfill?
What will be an ideal response?
What could happen to "unused" dollars after a firm has chosen capital projects but still has remaining unallocated funds?
A) The remaining funds may be invested at the "going rate" of the company. B) The remaining funds, if internally generated, may be paid back to shareholders as a dividend. C) If the remaining funds are part of borrowing, then the firm may choose to borrow less money. D) All of the choices above are potential uses of unallocated funds.