Examlex
Which of the following is true about a NIC?
Productivity Through People
A management philosophy emphasizing the empowerment and involvement of employees in decision-making processes to improve performance and productivity.
Contingency Thinking
Contingency thinking is an approach that considers the possible variations in a situation and plans for multiple potential scenarios, acknowledging that there is no one-size-fits-all strategy.
Uncertain Environment
Lacks so much information that it is difficult to assign probabilities to the likely outcomes of alternatives.
Stable Environment
An environment characterized by predictability, consistency, and minimal change, allowing organizations to plan with greater certainty.
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