Which of the Following Is a Characteristic of a Stable

question 36

Multiple Choice

Which of the following is a characteristic of a stable external environment?

• A)an inflexible structure
• B)constant change
• C)decentralized authority
• D)low uncertainty

Understand the concept of net present value (NPV) in relation to financial break-even.

Assess how changes in production processes impact break-even points.

Interpret the relationship between production volume and fixed costs.

Comprehend the role of variable costs in project evaluation.

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Definitions:

Employment Tests

Devices that assess the probable match between applicants and job requirements.

Selection

The identification of candidates from a pool of recruits who best meet job requirements, using tools such as application blanks, tests, and interviews.

Overt Integrity Tests

Pre-employment screening tools designed to assess the honesty or integrity of potential employees through direct questions.

Counter-productive Behaviours

Actions by employees that negatively impact their own productivity or the efficiency of the organization, often violating company policies.