An Appreciation and Ability to Make Effective Decisions Within the Uncertainties

question 13

Multiple Choice

An appreciation and ability to make effective decisions within the uncertainties and complexities of global business, often involving contradictions, such as smaller business entities being able to wield more power than larger entities, or managing the ongoing tensions of thinking on a global scale yet being responsive to local concerns and demands, is known as:

• A)Paradox Management
• B)Complexity Comprehension
• C)Tacit Knowledge
• D)Business Acumen

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Definitions:

High Probability

A statistical measurement indicating a high likelihood or chance that a specific event will occur.

Soft Determinist

Someone who believes in determinism but also holds that human behavior can be free if it corresponds to the individual's desires, even if those desires are determined.

Character

The aggregate of features and traits that form the individual nature of a person or a thing.

Social Entity

An organization or system that exists within a society and influences it.