Which Is an Influencing Factor in Succession

question 28

Multiple Choice

Which is an influencing factor in succession?

• A)family and business cultural issues
• B)government regulation
• C)current economic conditions
• D)the competition

Understand the dynamic relationship between organizational culture and employee behavior.

Recognize the role of visible artifacts in interpreting an organization's culture.

Identify practices and strategies that contribute to creating and altering an organization's culture.

Distinguish between adaptive and non-adaptive organizational cultures and their impact on company performance.

---

Definitions:

Supply Curves

Supply curves graphically represent the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to sell.

Demand And Supply

The fundamental economic model that explains how prices are determined in a market, based on the desires and capabilities of buyers and sellers.

Equilibrium Level

The state where market supply and demand balance each other, and, as a result, prices become stable.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price.