Identify a True Statement About a Large Firm That Has

question 54

Multiple Choice

Identify a true statement about a large firm that has organizational slack.

• A)The loss of an employee barely affects the abilities of its workforce.
• B)Each employee is crucial to the survival of the firm.
• C)The firm's knowledge is concentrated around a few key personnel.
• D)The firm enjoys extreme financial flexibility and can survive huge annual losses if necessary.

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Definitions:

Technological Tools

Various types of modern digital and mechanical devices, software, or platforms employed to enhance productivity, efficiency, or engagement in different tasks.

Wants

The form that human needs take as they are shaped by personality, culture, and buying situation.

Deprivation

A state in which there is a significant lack or absence of basic needs or comforts in life.

Ethical Decision-making

The process of making choices based on moral principles and values, often involving considerations of fairness, justice, and respect for individuals.