Strategies That an Organization Acting on Its Own Uses to Change

question 76

Multiple Choice

Strategies that an organization acting on its own uses to change some aspect of its current environment are called

• A) Flexible strategies.
• B) Buffering strategies.
• C) Independent strategies.
• D) Smoothing strategies.
• E) Cooperative strategies.

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Definitions:

Chief Executive Officer

The highest-ranking executive in a company or organization, responsible for making major corporate decisions.

Great Recession

A significant decline in global economic activity that occurred from late 2007 through 2009, considered the most severe economic downturn since the Great Depression.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, especially the elderly, disabled, and unemployed.

Partnership

A business firm owned by two or more people.