A Temporary Set of Organizations Designed to Come Together Swiftly

question 91

Multiple Choice

A temporary set of organizations designed to come together swiftly to exploit an apparent market opportunity is called a:

• A)cellular organization.
• B)circle organization.
• C)virtual organization.
• D)network organization.

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Definitions:

Market-Based Risk

The risk of losses stemming from factors that affect the overall market, including fluctuations in interest rates, stock prices, and currencies.

Investment Risk

The possibility of losing some or all of the original investment, often measured by the volatility of returns.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is greater than their objective accuracy, often leading to riskier financial decisions.

Affect Heuristic

A mental shortcut that influences the way people make decisions based on their emotions and feelings.