What Is the Premise of the Resource Dependency Theory

question 50

Multiple Choice

What is the premise of the resource dependency theory?

• A)Organizations are most effective when decentralized.
• B)Organizations are created to meet specific goals.
• C)Organizations require social contacts.
• D)Organizations must obtain resources to survive.

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Definitions:

Financial Accounts Surplus

A situation where the inflows of foreign investment into a country exceed the outflows of domestic investment abroad, reflecting a net increase in ownership of foreign assets.

Depreciates

The process by which an asset loses value over time, often due to wear and tear or market conditions.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Trade Deficit

A situation where a country's imports exceed its exports, resulting in a negative balance of trade.