When the Organizational Environment Lacks Stability, Organizations Are More Likely

question 99

True/False

When the organizational environment lacks stability, organizations are more likely to decentralize authority and empower employees to make important operating decisions.

---

Definitions:

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, representing the income investors will receive.

Price Sensitivity

A measure of how the price of a product or service affects the demand for that product or service.

Par Value Bond

A bond that is selling for its original face value, as opposed to above (a premium) or below (a discount).