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.

---

Definitions:

Bond's Value

The present worth of a bond's future interest payments and its repayment of principal at maturity, adjusted for current market interest rates.

9-Year Duration

A metric indicating the sensitivity of a bond's price to changes in interest rates, represented here as the bond having an average response over a nine-year period.

Default Risks

The likelihood that a borrower will fail to meet the obligations of paying back a loan or interest payments.

Conversion Ratios

A specific figure or ratio that determines how convertible securities, like convertible bonds, can be exchanged for other types of securities, typically the common stock of a company.