The Phrase "Firefighting" Is Used to Describe Which Type of Organizational

question 64

Multiple Choice

The phrase "firefighting" is used to describe which type of organizational change?

• A)random or haphazard
• B)internal environment
• C)improvement promotion
• D)organization development
• E)none of the above

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Definitions:

Fixed Cost

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.

Debt-to-Total-Assets Ratios

A measure that indicates what proportion of a company's assets is financed through debt.

Equity Ratios

Equity ratios measure a company's financial leverage and are calculated by dividing total equity by total assets.

Debt-to-Equity Ratios

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.