The External Environment Has Only a Limited Impact on the Success

question 184

True/False

The external environment has only a limited impact on the success or failure of most organizations, but it does have a significant impact on some firms.

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Definitions:

Industries

Sectors of an economy that produce goods or provide services.

Mortgage-backed Securities

Financial instruments that represent claims on the cash flows from pools of mortgage loans, primarily on residential property.

Wall Street

A street in New York City known as the financial district of the United States, symbolizing the American financial markets.

Financial Theorists

Scholars and experts who study and develop theories concerning how money is managed, including investments, capital markets, and financial institutions.