As the Complexity in the External Environment Increases, So Does

question 74

True/False

As the complexity in the external environment increases, so does the number of positions and departments within the organization, which in turn increases internal complexity.

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Definitions:

Duty Of An Agent

The responsibilities and obligations that an agent has towards their principal, including acting in the principal's best interest.

Principal

In finance, refers to the original sum of money borrowed in a loan, or invested, separate from interest or profit.

Corresponding Right

A right that matches or is equivalent to an obligation, duty, or entitlement in a jurisprudential context.

Indemnify

To compensate for harm or loss sustained, or to protect someone by promising to compensate for the damage or loss they might incur.