Discuss the Three Key Dimensions of an Organization's Environment: Capacity

question 23

Essay

Discuss the three key dimensions of an organization's environment: capacity, volatility, and complexity.

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Definitions:

Own Labor

A concept referring to the work performed by an individual that directly benefits themselves, typically not for an employer or for wages.

Commodities

Goods or services that are traded, bought, or sold.

Economy

A system of production, consumption, and distribution of goods and services within a society or geographical area.

Distribution

The process of making a product or service available for the consumer or business user that needs it, which can involve transportation, packaging, and delivery.