The First Element of a Financial Crisis Is

question 156

Multiple Choice

The first element of a financial crisis is

• A)inflation.
• B)a decline in confidence in financial institutions.
• C)a relaxation of rules and regulations that pertain to the financial system.
• D)a large decline in some asset prices.

Comprehend the concepts of specialization, formalization, and centralization in organizational structures.

Identify the structural characteristics of different organizational forms (mechanistic vs. organic, flat vs. tall).

Analyze the role of task complexity and innovation in shaping organizational structures.

Recognize the relationship between organizational structure and its ability to adapt and change over time.

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Definitions:

Alderfer

A psychologist known for developing the ERG (Existence, Relatedness, and Growth) theory as an extension of Maslow's hierarchy of needs.

Psychological Growth

The development of an individual’s emotional and cognitive capabilities and their capacity for adaptive behavior and understanding.

Interpersonal Relationships

The connections and interactions between two or more people, which can affect both personal and professional contexts significantly.

Two-Factor Theory

proposes that job satisfaction and dissatisfaction are influenced by two separate sets of factors: hygiene factors that can prevent dissatisfaction and motivators that can foster job satisfaction.