An Organizational Niche

question 81

Multiple Choice

An organizational niche:

• A) once found, makes the process of retention occur.
• B) is a person within an organization who is highly specialized.
• C) is a domain of unique environmental resources and needs.
• D) is found only in Japanese organizations.

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Definitions:

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the financial health and operational efficiency.

Interest Expense

The cost incurred by an entity for borrowed funds, often expressed as an annual percentage of the principal.

Depreciable Asset

An asset that loses value over time due to wear and tear, and for which depreciation can be applied in accounting to spread its cost over its useful life.

Tax Consequence

The financial effects that taxes have on various financial decisions, affecting net investment income or costs.