Which of the Following Characterizes Modern Organizations

question 99

Multiple Choice

Which of the following characterizes modern organizations?

• A) Face simultaneous pressures for stability and change.
• B) They will need repeated innovation to stay competitive.
• C) Virtual organizations will become increasingly common.
• D) All answers characterize modern organizations.

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Definitions:

Retirement Account

A financial account designed for saving funds specifically for the period of life when an individual stops working.

Compounded Monthly

Compounding monthly refers to the addition of interest to the principal sum of a loan or deposit, calculated on a monthly basis, which results in earning interest on interest.

Mortality Table

A table that lists death rates according to age groups.

Mortality Table

A mortality table, or life table, is a statistical chart used in insurance to give the probability of death for people at different ages, helping in the assessment of risk.