A Major Driver of Organizational Change Is the External Environment

question 90

True/False

A major driver of organizational change is the external environment in which the organization exists.

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Definitions:

Restricted

Restricted typically refers to assets or securities that are not freely tradable or accessible due to regulations or specific conditions.

Cash Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings in cash.

Corporation Liability

Legal and financial obligations a corporation owes to others, which can involve debts, lawsuits, or other claims against the business.

Restricted Retained Earnings

Portion of retained earnings that is not available for distribution as dividends to shareholders, often because of legal or contractual constraints.