An Organizational Environment That Slowly Changes and Has a Few

question 22

Multiple Choice

An organizational environment that slowly changes and has a few similar elements has

• A) Low uncertainty.
• B) Moderately low uncertainty.
• C) Moderately high uncertainty.
• D) High uncertainty.

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Definitions:

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, typically characterized by very low unemployment.

Depreciates

Describes a decrease in value over time, often used in reference to currency or physical assets.

Imports

Goods and services purchased from other countries and brought into a country.

Inflation

The speed at which the overall price level for goods and services increases, thereby diminishing buying power.