Which Approaches Should an Organization Adopt for Managing Uncertainty in a Simple

question 51

Multiple Choice

Which approaches should an organization adopt for managing uncertainty in a simple and stable environment?

• A) centralized and organic approach, with direct supervision
• B) decentralized and bureaucratic approach, with standardized skills
• C) decentralized and organic approach, with mutual adjustment
• D) centralized and bureaucratic approach, with standardized work processes
• E) centralized and organic approach, with mutual adjustment

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Definitions:

Stock Price

The present selling or buying price of a company's stock in the market.

Preferred Stock

A class of ownership in a corporation with a higher claim on its assets and earnings than common stock.

Par Value

A nominal or face value assigned to a share of stock by the company's charter, not necessarily reflecting its market value.

Yielding

The act of producing or generating an income or return from an investment over a specified period of time.