For Most Organizations,geographical Location Should Be Regarded As

question 4

Multiple Choice

For most organizations,geographical location should be regarded as:

• A)A resource whose characteristics can be an important source of competitive advantage
• B)A formerly-important resource which is becoming increasingly irrelevant in a digital world
• C)An organizational characteristic,not a resource
• D)A source of competitive advantage only if it offers access to an industry ecosystem such as Silicon Valley for IT firms and New York for advertising firms

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Definitions:

Initiative

The ability to assess and initiate things independently, often leading to action or change.

Scalar Chain

The line of authority in an organization that runs from top management to the lowest ranks in a hierarchical order.

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

Systematic Observation

A structured method of data collection where the observer follows a strict protocol to record behavior or phenomena, minimizing bias.