The Difference Between a "Generic" and a "Contextual" Management Practices

question 45

Multiple Choice

The difference between a "generic" and a "contextual" management practices is:

• A)None: the concepts are identical in practice.
• B)The performance impact of a generic practice is independent of the firm's other practices; the impact of a contextual practice depends upon the firm's other practices.
• C)Generic practices relate to basic functions; contextual practices tend to be more idiosyncratic.
• D)A generic practices offers incremental performance improvement; a contextual practices leads to a new fitness peak.

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Definitions:

Preferred Name

The name by which an individual chooses to be identified, which may differ from their legal name, often reflecting their gender identity or personal preference.

Articles Of Incorporation

The document filed with the appropriate state official, usually the Secretary of State, when a business is incorporated. State statutes usually prescribe what kind of information must be contained in the articles of incorporation.

Incorporated

Incorporated refers to the process of forming a corporation, which is a legal entity that is distinct from its owners, providing them with limited liability.

Appropriate State

A legal or suitable condition or status that a subject or entity is in, according to laws or regulations.