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If an organization has well-developed goals for profitability, that is all they need for determination of...

If an organization has well-developed goals for profitability, that is all they need for determination of their effectiveness. TRUE OR FALSE

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Answer #1

"False"

Profitability goals of the organization doesn't define the effectiveness of the firm, there are many other things like controlling, tracking the goals and managing the deviations. All together make the firm effective.

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