A Change in the Way an Organisation Does Business Because

question 89

Multiple Choice

A change in the way an organisation does business because of employees' pursuit of healthy lifestyles is an example of which factor of an organisation's general environment?

• A)demographic
• B)economic
• C)competitive
• D)technological
• E)sociocultural

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Definitions:

Liquidation

The process of converting assets into cash or cash equivalents by selling them in the market.

Going Concern

An accounting assumption that a company will continue to operate for the foreseeable future, thus justifying the presence of its assets and liabilities.

Financial Restructuring

The process of reorganizing a company's financial structure, often involving re-negotiation of debts and equity, to improve its liquidity and ensure its survival.

WACC

The weighted average cost of capital, which is the average rate of return a company is expected to pay its security holders to finance its assets.