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Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows,with one outflow followed by a series of inflows.
Organic Forms
Organizational structures that are flexible, decentralized, and characterized by less formal rules and procedures, often adapting quickly to changes.
Bureaucratic Structures
Organizational forms that are characterized by a hierarchical arrangement of jobs, reliance on formal rules and regulations, and a clear distinction of labor.
Environmental Uncertainty
A lack of information regarding what exists in the environment and what developments may occur.
Strategic Alliance
A partnership between two or more companies to pursue a set of agreed upon objectives while remaining independent organizations.
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