Match the Following: -Life Cycle

question 24

Multiple Choice

Match the following:
-Life cycle

• A)The view or perception of change and disturbance outside the organization
• B)Stages of development of an organization
• 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:

Lowest Cost Alternative

A cost-minimization strategy that involves choosing the most economical option among different possible choices.

Evaluate Possible Courses

The process of examining and considering all potential actions to determine the best course of action.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to fixed costs and profits.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.