External Causes of Organizational Failure Are More Common Than Internal

question 164

True/False

External causes of organizational failure are more common than internal causes.

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Definitions:

Full Production

The level of production where a company uses all its resources efficiently.

Unemployment Rate

The part of the labor force that is without employment but is actively interested in finding a job.

Full Employment

An economic situation in which all available labor resources are being used in the most economically efficient way.

Production Possibilities Curve

The potential total output combinations of any two goods for an economy.