As the Complexity in the External Environment Increases, So Does

question 74

True/False

As the complexity in the external environment increases, so does the number of positions and departments within the organization, which in turn increases internal complexity.

---

Definitions:

Preferential Payment

A payment made by a debtor that favors one creditor over others, often scrutinized in bankruptcy proceedings.

Consumer Debt

Debt that is incurred by an individual primarily for personal, family, or household purposes.

Bankruptcy Proceedings

The legal process through which individuals or entities unable to pay their debts can seek relief from some or all of their financial obligations.

Insolvent

The condition of being unable to pay debts as they fall due, or having liabilities that exceed assets.