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

Interpret the impact of set prices above or below the equilibrium on market conditions.

Determine equilibrium quantity in various market scenarios.

Determine equilibrium price in different market scenarios.

Understand the regulatory and reporting requirements for corporations whose stock is traded on major stock exchanges.

---

Definitions:

Conformity

Changing or adopting a behavior or an attitude in an effort to be consistent with the social norms of a group or the expectations of other people.

Compliance

Acting in accordance with the direct requests of other people.

Obedience

Behaving in accordance with the rules and commands of those in authority.

Halo Effect

A cognitive bias where the perception of a particular trait is influenced by the perception of former traits in a sequence of interpretations.