The Capacity of an Organization to Continuously Act and Change

question 58

Multiple Choice

The capacity of an organization to continuously act and change in pursuit of sustainable competitive advantage is known as:

• A)coordination flexibility.
• B)predicted capability.
• C)organizational capability.
• D)turnover flexibility.

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Definitions:

Futures Price

The agreed upon price for the future delivery of assets such as commodities or financial instruments, set in a futures contract.

Contract Maturity

The designated date on which the principal amount of a financial instrument such as a bond, loan, or futures contract becomes due and payable.

August Futures Contract

A standardized contract to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in August.

Ethanol

A renewable fuel made from various plant materials, used as an additive to gasoline to reduce emissions.