Match the Following: -Environmental Uncertainty

question 57

Multiple Choice

Match the following:
-Environmental Uncertainty

• A)The view or perception of change and disturbance outside the organization.
• B)Stages of organization development.
• C)Structural arrangements stemming from a stable, or relatively unchanging environment.
• D)A desired state and one or more courses of action necessary to achieve the desired state.
• E)The organization of product markets outside a firm's home country.

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Definitions:

Full Employment

A situation in an economy where all individuals who are willing and able to work at current wage levels are employed, with minimal levels of unemployment.

Keynes

John Maynard Keynes was a British economist whose ideas fundamentally affected the theory and practice of modern macroeconomics and the economic policies of governments.

Aggregate Demand

Aggregate demand represents the total sum of demand for all products and services in an economy, measured at a specific price level and during a particular time frame.

Full Employment GDP

The level of GDP at which all available labor resources are being used in the most efficient way possible, typically associated with a low unemployment rate.