Explain Two General Types of Proactive Responses That Managers and Organizations

question 80

Essay

Explain two general types of proactive responses that managers and organizations can take to change the environment.

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Definitions:

Maturity Stage

The phase in a product's lifecycle when growth slows, and the product reaches widespread acceptance and market saturation.

Chaotic

A state of complete disorder and confusion.

Personal Ethical Standards

Individual principles and values that govern behaviors and decisions, often reflecting concepts of right and wrong.

Business Ethics

The study and examination of moral and ethical principles in the business environment, focusing on the conduct of individuals and organizations.