The Economic Environment Affects the Performance of an Organization, as Was

question 45

Multiple Choice

The economic environment affects the performance of an organization, as was noted during the recent recession.Which of the following factors is cited as one of the causes of the recent recession triggered in the home mortgage markets in the United States?

• A) high interest rates on mortgages
• B) massive global liquidity
• C) lack of leverageability for business borrowers
• D) difficulty in securing housing credit

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Definitions:

Strong Cultures

Corporate or organizational cultures that are highly cohesive, with shared values and norms guiding employee behavior and contributing positively to the organization's performance.

Flexible

Capable of adapting to changes and varying circumstances without significant difficulty, often considered an advantageous trait in individuals and organizations.

Relaxed

A state or condition where there is an absence of tension or anxiety, often characterized by calmness and ease.

Variable

A characteristic, number, or quantity that increases or decreases over time, or takes different values in different situations.