A Manager Has Basically Three Options When Handling Change

question 117

Multiple Choice

A manager has basically three options when handling change. They include all of the following except

• A)altering technology.
• B)altering competition.
• C)altering people.
• D)altering structures.

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Definitions:

Competition Section

A segment within a business plan or report that analyzes the competitive landscape, detailing the strengths and weaknesses of competitors within the market.

Larger Market Share

The portion of a market controlled by a particular company or product, with a larger extent signifying dominance or a significant competitive advantage.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.

Marketing Strategy

A comprehensive plan formulated by a business to achieve specific marketing goals and objectives.