Order, Self-Restriction, Preservation of the Past, and Resistance to Change

question 53

Multiple Choice

Order, self-restriction, preservation of the past, and resistance to change are known as:

• A) Conservation
• B) Security
• C) Conformity
• D) Traditionalism
• E) Stability

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Definitions:

Scenario Approach

A strategic planning method that explores future possibilities by simulating different plausible future outcomes.

Simulation Analysis

A method of assessing the impact of different variables on a project or investment by running multiple scenarios.

CCA Rate

Stands for Capital Cost Allowance rate, which is the rate at which a business can depreciate its assets for tax purposes in certain jurisdictions.

Economic Year

A period used for calculating annual ("yearly") financial statements in businesses and other organizations.