One Implication of the Idea That Power Shifts with Changes

question 27

True/False

One implication of the idea that power shifts with changes in organizational environments is that the dominant coalition will tend to be that group that is most appropriate for the organization's environment.

---

Definitions:

Exchange-Rate Systems

The rules and conventions that govern how the value of a country's currency is determined in relation to other currencies.

European Euro

The official currency of 19 out of the 27 European Union countries, used as a common currency to facilitate trade and economic stability in the region.

Foreign Exchange Market

The global marketplace for trading currencies, determining the foreign exchange rates for every currency.

Depreciation

The decrease in value of an asset over time, often due to wear and tear or obsolescence.