Strategic Contingencies Are Events and Activities Inside an Organization That

question 4

True/False

Strategic contingencies are events and activities inside an organization that are non- essential for attaining organizational goals.

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Definitions:

Circle-The-Wagons Mentality

A defensive or protective attitude adopted by a group, often in response to criticism or threat from outsiders.

Disaster Planning

The process of making strategies and actions for responding to potential disasters in order to minimize damage and facilitate recovery.

Financial Costs

The total expenses incurred by an organization or individual, including the direct costs of producing goods or services and any indirect expenses.

Transformational Leadership

A style of leadership where leaders work with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.