Which of the Following Statements Is True of Organizational Strategies

question 100

Multiple Choice

Which of the following statements is true of organizational strategies and goals?

• A)They are independent of an organization's structure.
• B)They do not influence organizational design.
• C)They provide employee direction and criteria for performance.
• D)They remove the scope for any environmental uncertainty.

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Definitions:

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another, potentially leading to an imbalance or unfair advantage.

Creditworthiness

The assessment of a borrower's ability to repay loans based on their financial history, including factors like income, debt levels, and credit score.

Asset Portfolio

A diversified collection of investments held by an individual or institution, which can include stocks, bonds, real estate, and other financial assets.

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, leading to widespread economic disruption and potential government intervention.