Answer:
Stability
Explanation:
When a company wants to make a transition in leadership there are various strategies being such change depending on business needs.
For example a company may want a strategic change, an ambiguous change, an innovative change, or a stable change.
In the given scenario GE appointed Jeff Immelt a white male and long-time GE executive to succeed Jack Welch also a white male as their new CEO.
There is no change in the profile of the new leader, and the fact that he is a long-time GE executive shows they want to maintain the same traditions as before.
So this is a stable strategy
Answer:
The institutional structure is that part of the organization most visible to the outside public
Explanation:
An organization ecosystem is defined simply as a system formed by the relationship or interactions of a community of organizations and their environment.
Organizational niche:
is simply an area, region or domain of unique environmental resources and needs.
An Organization is simply defined as a body or and entity that have clear inside/ outside boundary that work towards an explicit aims.
The institutional view is of the notion that when an organizational field is just getting started, diversity is the norm, but later there is a push for similarity.
Answer:
Effective Interest Rate
Explanation:
Effective Interest Rate
The market interest rate is the real return on the bonds, or any interest offering investment. It is otherwise known as the effective interest rate. Moreover, there is an inverse relationship between the market interest rate and the value of bonds that means an increase in the market interest rate will result in a decrease in the market values of bonds.
Answer:
In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.