Which Statement Below Is Correct

question 47

Multiple Choice

Which statement below is correct?

• A) When the environment is dynamic, uncertainty is low.
• B) When the environment is unstable, uncertainty is low.
• C) A dynamic environment has greater uncertainty than a stable environment.
• D) The stability of the environment does not determine the structure of the organisation.
• E) None of these choices.

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Definitions:

Default

Failure to fulfill an obligation, especially failure to meet a financial obligation or to appear in court when required.

Secured Party

An individual or entity that holds an interest, typically a security interest, in another's property as collateral for a debt.

Relinquish

To voluntarily give up or surrender a claim, right, or possession.

Security Agreement

A legal document that specifies the collateral for a secured loan, establishing the lender's rights to the secured property.