A Change in the Organization May Threaten the Specialized Expertise

question 97

True/False

A change in the organization may threaten the specialized expertise that individuals and groups have developed over the years.

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Definitions:

Equal Interests

A term usually indicating that all parties involved have the same level of stake or share in an asset, liability, or agreement.

Joint Control

The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.

Manage Risks

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.

Capital Contribution

Any addition of capital to a company either in cash or in kind by its owners or shareholders to increase its base capital.