When Company Management Decides That It Is Unwilling to Follow

question 27

Multiple Choice

When company management decides that it is unwilling to follow the "conventional wisdom" and instead finds a new way to gain competitive advantage,it might be said to be:

• A)searching for loose bricks.
• B)changing the rules of engagement.
• C)collaborating.
• D)building layers of advantage.
• E)innovating.

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Definitions:

Formal

Pertaining to or following established traditions, rules, or conventions, often in an official or professional context.

Network Organizations

are structured around networks rather than traditional hierarchies, emphasizing informal communication, flexibility, and decentralized decision-making.

Virtual Organizations

A business model where an organization operates and coordinates its activities primarily through digital and telecommunication networks rather than in a physical space.

Functional Conflict

A productive form of conflict that aims to improve group performance by encouraging different opinions and critical thinking.