What Are the Key Dimensions to Any Organization's Environment

question 89

Multiple Choice

What are the key dimensions to any organization's environment?

• A) conformity, criticality, and diffusivity
• B) complexity, volatility, and capacity
• C) complexity, diffusivity, and criticality
• D) conformity, criticality, and capacity
• E) criticality, volatility, diffusivity

---

Definitions:

Long-Run Equilibrium

A state in which all factors of production are used efficiently, market supply and demand are balanced, and there is no tendency for change in the economic variables.

Expansionary Gap

A situation where the actual output in an economy exceeds the potential output due to high demand, often leading to inflationary pressures.

Short-Run Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a short time period, given the current level of prices.

Actual Unemployment

The current level of unemployment in the economy, reflecting the number of people who are actively seeking employment but are without jobs.