If a Business Is Inherently Unpredictable, Then

question 80

Multiple Choice

If a business is inherently unpredictable, then:

• A)Only statistical management can achieve excellent results
• B)The managerial challenge is to design a structure which is inherently flexible and adaptable
• C)No one can act in any way to manage a firm
• D)There's no longer any point in having a strategy

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Definitions:

Edgar Schein

A notable American organizational psychologist, known for his contributions to the understanding of organizational culture.

Assumptions

Beliefs or ideas taken for granted without verification that support our views and decisions.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.

Ethical Behavior

Conduct that is consistent with principles of moral and ethical standards, often guided by societal, professional, or personal values.