Assessment of Environmental Uncertainty of an Organization Is Based Primarily

question 91

Multiple Choice

Assessment of environmental uncertainty of an organization is based primarily on analysis of two dimensions which are:

• A) the need for information about the environment and the need for resources from the environment.
• B) the number of sectors and the organization's niche.
• C) the extent of turbulence and the amount of available resources.
• D) differentiation and integration.

Understand the concept of creative destruction and its implications for markets and economies.

Identify the primary forces encouraging the entry of new firms into purely competitive industries.

Describe the dynamic adjustments in supply and demand within various types of industries (decreasing-cost, increasing-cost, constant-cost) under changes in market conditions.

Analyze the cost structure and profitability (economic profits, losses, and normal profits) of firms operating in perfectly competitive markets.

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Definitions:

Types of QuickBooks Files

Varieties of file formats and extensions used by QuickBooks software, including company files (.QBW), backup files (.QBB), and accountant's copy files (.QBA), each serving different purposes.

Purpose

The reason for which something is done or created, or for which something exists.

Robust Economic Growth

Strong and sustained increase in the economic activity of a country or region.

Tax Cuts

A reduction in the amount of taxes imposed by a government on individuals or businesses, intended to stimulate economic growth or achieve other economic objectives.