Established Organizations Have a Difficult Time Adapting to a Rapidly

question 41

Multiple Choice

Established organizations have a difficult time adapting to a rapidly changing environment because:

• A) they don't--that's not a true statement.
• B) of heavy investment in plant and equipment and an established viewpoint of leadership that has been successful.
• C) when the environment changes, no one could predict that the changes will affect them.
• D) leadership could change, but does not want to change.

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Definitions:

Strict Scrutiny

The most exacting standard of review used by the courts in determining the constitutionality of a statute; requires a compelling government interest and the least restrictive means of attaining that objective.

Insurance Coverage

The amount of risk or liability covered for an individual or entity by way of insurance services.

Constitution Authority

The legal power or right granted to an entity or person by a constitution, governing the ability to perform certain actions.

Federal Funds

Central bank reserves loaned by one bank to another, typically overnight, to meet reserve requirements.