Any Organization's Environment Has Three Dimensions

question 15

Multiple Choice

Any organization's environment has three dimensions. Identify these dimensions.

• A) stability, adaptability, and employee-orientation
• B) complexity, volatility, and capacity
• C) replaceability, product-orientation, and stability
• D) flexibility, employee-orientation, and capacity
• E) volatility, product-orientation, and adaptability

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Definitions:

Interest-bearing Asset

A type of investment that earns interest over time, such as savings accounts, certificates of deposit, and bonds.

Default Risk

The risk that a borrower will not make the required payments on a debt.

Trade Credit

An arrangement where a buyer can purchase goods on account without paying cash upfront, with payment to the seller due at a later date.

Inventory Obsolescence

Refers to the reduction in the value of inventory items due to them becoming outdated, no longer useful, or unsalable.