According to Thompson, Organizations Seek to Isolate Their ___________________ from Environmental

question 22

Short Answer

According to Thompson, organizations seek to isolate their ___________________ from environmental influences by establishing ___________________ to buffer or level environmental fluctuations.

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Definitions:

Information

Data that has been processed, organized, or structured in a way that it becomes meaningful or useful to the recipient.

Seasonal Inventory

Goods held in stock that are influenced by seasonal demand, requiring businesses to adjust their inventory levels according to expected sales fluctuations throughout the year.

Demand

Refers to the market's desire for a product or service, quantified by the amount people are ready to buy at various prices.

Production

The process of creating, manufacturing, or producing goods and services.