An Organization That Has Adapted Successfully to Its External Environment

question 64

Short Answer

An organization that has adapted successfully to its external environment can develop a culture with a ______________ among members about the organization's mission.

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Definitions:

Service Company

A service company is a business that earns revenue through the provision of services, as opposed to selling physical products.

Merchandise Company

A business that purchases and sells goods, often retail or wholesale, as its primary activity.

Form 1120S

A tax document used in the United States to report the earnings, losses, and dividends of S corporation shareholders.

Corporation

A legal entity that is separate and distinct from its owners. Corporations can own property, incur debts, sue, and be sued.