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Environmental Uncertainty Looks at the Number of Components in an Organization's

question 34

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Environmental uncertainty looks at the number of components in an organization's environment and the extent of the knowledge that the organization has about those components.


Definitions:

Plan Acceptability

The degree to which stakeholders find a proposed plan or project to be satisfactory or agreeable.

Composition

The arrangement or makeup of something, often referred to in the context of artistic elements or financial mixtures.

Subordination

A ranking of priorities in claims for ownership or interest; often used in debt agreements to determine the sequence of payments.

Extension

In finance, an agreement to extend the maturity date or due date of a financial instrument or loan.

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