If the External Environment Is Stable, a Mechanistic and Formal

question 43

True/False

If the external environment is stable, a mechanistic and formal organization can be successful.

Determine the probability of conjunction and disjunction of events.

Understand the independence of trials in probability experiments.

Calculate the probability of an event based on conditional probabilities and historical data.

Apply probability concepts to practical examples involving experiments with multiple steps or stages.

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Definitions:

Foreign Sales Representative

An agent who distributes, represents, or sells goods on behalf of a foreign seller, usually in return for the payment of a commission.

Distributor

A merchant who purchases goods from a seller for resale in a foreign market.

GATT

The General Agreement on Tariffs and Trade, a multilateral treaty aimed at reducing trade barriers and promoting international trade through the elimination of or reduction in tariffs, quotas, and subsidies.

Tariffs and Trades

Government-imposed taxes on imported goods, often used to control trade balances and protect domestic industries.