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:

Romanian Worker

Refers to an individual from Romania engaging in employment, often highlighting the migration aspect in the context of European labor markets.

Free Trade

The policy of allowing goods and services to be traded across borders with no or minimal restrictions and tariffs.

Economists Support

The backing or endorsement by economists for certain policies, theories, or models based on empirical evidence and economic reasoning.

Merchandise Trade Balance

The difference between the value of merchandise exports and the value of merchandise imports.