According to the Population Ecology Theory, the Number of Organizational

question 42

Multiple Choice

According to the population ecology theory, the number of organizational births in a new environment is rapid at first because ________.

• A) the organizations have very few external stakeholders
• B) there is an increase in the knowledge and skills available to generate similar new organizations
• C) the environment of the organizations is highly stable
• D) the bargaining power of the suppliers of the organizations is high

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale in the marketplace.

Pairs of Earrings

Not an economic key term, but could be referenced in examples relating to consumer goods or inventory.

AVC

Average Variable Cost, the cost per unit of varying the level of output, exclusive of fixed costs.

TVC

Total Variable Costs, which refers to all variable expenses associated with the production of goods or services.