When an Organization Ignores the External Environment and Fails to Acquire

question 61

Multiple Choice

When an organization ignores the external environment and fails to acquire inputs, it is likely to experience

• A)synergy.
• B)entropy.
• C)conversion.
• D)contingency.
• E)control.

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Definitions:

Recording Mortgage

The process of registering a mortgage deed with the appropriate government office to make it a part of the public record, ensuring legal protection and establishing priority.

Mortgagee

The party who lends money and takes back a mortgage as security for the loan.

Floating Lien

A floating lien is a type of security interest or charge over a pool of changing assets, such as inventory or accounts receivable.

Security Agreement

A legal document that provides a lender a security interest in a specific asset or property that serves as collateral for a loan.