A ________ Organization Is a Small Core Organization That Outsources

question 106

Multiple Choice

A ________ organization is a small core organization that outsources major business functions such as manufacturing, allowing the firm to concentrate on its core competencies.

• A) modular
• B) network
• C) virtual
• D) learning

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Definitions:

Time Preference

The economic principle that people prefer to receive goods or services sooner rather than later, reflecting the relative valuation placed on immediate versus future consumption.

Loanable Funds

The money available for borrowing in the financial markets, derived from savings and supplied to borrowers at an interest.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry, ensuring market integrity, and protecting investors.

Investor Losses

The decrease in monetary value that investors experience in their investment portfolio due to market movements or poor investment decisions.