Organisations in All Sectors of the Task and the Environment

question 38

True/False

Organisations in all sectors of the task and the environment that provide the resources and information transactions,flows and linkages necessary for an organisation to thrive are known as an organisational ecosystem.

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Definitions:

High-Tech Industry

A sector characterized by companies involved in developing and manufacturing technology products or providing technology related services.

Upward Mobility

The ability or opportunity for individuals or groups to improve their social status, often through education, income increase, or gaining of prestige.

Gini Index

A statistical measure of income inequality within a population, ranging from 0 to 1, where 0 represents perfect equality and 1 represents maximum inequality.

Income Inequality

The unequal distribution of income within a population, leading to gaps between the wealthiest and poorest individuals.