Most Organizational Crises Come from Unexpected Natural or Uncontrollable Disasters

question 21

True/False

Most organizational crises come from unexpected natural or uncontrollable disasters.

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Definitions:

Journal Entry

A record of a business transaction in an accounting system that includes the accounts and amounts to be debited and credited.

Acquisition

The process of acquiring control of another company or business asset, which can involve a purchase, merger, or take-over.

Assets

Resources owned or controlled by a person or company, expected to produce economic value or future benefits.

Cash

Liquid assets held by a firm, used to meet short-term obligations or for transactions; the most basic form of company resources.