Survival Is a Goal of Virtually All Organizations

question 201

True/False

Survival is a goal of virtually all organizations.

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Definitions:

Assignee

An individual or entity to which rights or interests are transferred by another.

Assignment

The transfer of one’s rights or obligations under a contract to another party.

Delegation

The act of transferring authority or tasks from one individual or group to another while retaining ultimate responsibility.

Incidental Beneficiary

An Incidental Beneficiary is an individual or party that indirectly benefits from a contract between two other parties, though not intended as the primary beneficiary of the contract.