An Organization Can Typically Have

question 30

Multiple Choice

An organization can typically have:

• A)Little influence over events in its task environment
• B)Little influence over major occurrences and patterns in the broad environment
• C)Significant influence over major occurrences and patterns in the remote environment
• D)Significant influence over major social trends
• E)Significant influence on government policy in a nation as a whole

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Definitions:

Consequential Damages

Indirect losses that arise not directly from a breach of contract but as a foreseeable result of the breach.

Compensatory Damages

Monetary compensation awarded to a plaintiff to offset losses or injuries that have occurred due to another's wrongdoing.

Punitive Damages

Monetary compensation awarded in a lawsuit over and above actual damages, intended to punish the defendant for egregious conduct.

Restitution

The act of compensating for loss, damage, or injury caused; often involves the return of property to its rightful owner.