Which of the Following Strategies Is Designed to Guard an Organization

question 53

Multiple Choice

Which of the following strategies is designed to guard an organization against change?

• A)stability strategy
• B)growth strategy
• C)retrenchment strategy
• D)differentiation strategy

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Definitions:

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

Accounts Receivable

Amounts owed to a business by its customers for goods or services delivered or used but not yet paid for.

Note Duration

Note duration refers to the length of time until a financial note's principal and any accumulated interest are due to be repaid.