Organizations Are Constantly Striving to ________

question 21

Multiple Choice

Organizations are constantly striving to ________.

• A) increase environmental dynamism
• B) achieve a competitive advantage
• C) decrease environmental richness
• D) increase bargaining power of suppliers

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Definitions:

Segments

Parts or sections into which something is divided or separated.

Chunks

Units of information grouped together to be processed or remembered as a single unit, facilitating easier recall.

Magic Number

Refers to the short-term memory capacity, traditionally considered to be 7±2 items, as postulated by psychologist George A. Miller.

Short-term Memory

The ability to keep a limited quantity of data actively accessible in one's consciousness for a brief duration.