Assessment of Environmental Uncertainty of an Organization Is Based Primarily

question 91

Multiple Choice

Assessment of environmental uncertainty of an organization is based primarily on analysis of two dimensions which are:

• A) the need for information about the environment and the need for resources from the environment.
• B) the number of sectors and the organization's niche.
• C) the extent of turbulence and the amount of available resources.
• D) differentiation and integration.

Understand the significance of association areas in complex processing and behavior.

Explain how brain damage can affect social cognition and impulse control.

Understand the purpose and implications of the Fraudulent Conveyances Act.

Differentiate between bankruptcy and receivership in the context of corporations.

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Definitions:

Specialization

Focusing on a narrow area of expertise or activity, allowing a business or individual to become a known expert in that area.

Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.

Law Of Experience

Suggests that with increased experience or production, companies can reduce costs and improve efficiency, often referred to as the learning curve.

Unit Costs

The expenditure a business faces for the production, storage, and selling of an individual unit of a given product or service.