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:

Open Interest

the total number of outstanding derivative contracts, like futures or options, that have not been settled.

Futures

Legal agreements that compel the purchaser to buy, or the seller to dispose of, an asset at an agreed price and date in the future.

Pounds

The currency unit of the United Kingdom, also known as the British pound sterling, used as a medium of exchange.

Futures Contracts

An agreement to buy or sell a specified quantity of a commodity or financial instrument at a predetermined price at a specified time in the future.