To Successfully Lead and Manage Organisations in Australia in the 21st

question 26

Multiple Choice

To successfully lead and manage organisations in Australia in the 21st century, it is important that leader-managers understand and respond appropriately to the fact that Australia is:

• A) moving towards becoming an industrial economy.
• B) consolidating its position as an industrial economy.
• C) no longer an industrial economy, but is now a completely service-based economy.
• D) moving away from being an industrial economy and towards being a predominantly knowledge- and service-based economy.
• E) moving away from knowledge- and service-based industries.

---

Definitions:

Great Videos

High-quality video content that is often engaging, informative, or entertaining.

Regression

A statistical method used to estimate the relationships among variables, often used to predict outcomes.

Separation Anxiety

A disorder characterized by excessive fear or anxiety about being apart from attachment figures or familiar places.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension.