Which of the Following Terms Refers to the Way an Organization

question 20

Multiple Choice

Which of the following terms refers to the way an organization transfers inputs into outputs?

• A) volatility
• B) formalization
• C) complexity
• D) technology
• E) environment

---

Definitions:

British Pounds

The official currency of the United Kingdom, which is also known as Sterling.

Floating Exchange Rate

An exchange rate determined by the demand for and the supply of a nation’s currency.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold; countries committed to convert paper money into a fixed amount of gold upon request.

Gold Exchange Standard

A monetary system in which countries peg their currencies to a specific amount of gold but may also hold foreign currencies in reserves.