Which of the Following Statements About Risk Is/are Correct

question 17

Multiple Choice

Which of the following statements about risk is/are correct?

• A)Only statement I is correct
• B)Only statement II is correct
• C)Both statements I and II are correct
• D)Neither statement I nor II is correct

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Definitions:

Modular Organization

Refers to an organizational structure that is divided into separate, interchangeable units or modules, each with a specific function.

Core Competencies

are the unique capabilities or advantages that give an organization a competitive edge in the market or industry.

Autonomy

The degree to which a job provides an employee with discretion and independence to schedule their work and determine how it is done.

Ambidexterity

The ability of an organization to simultaneously explore new possibilities while exploiting existing competencies and resources effectively.