According to Author Nicholas Taleb, Events That Are Difficult to Anticipate

question 13

Multiple Choice

According to author Nicholas Taleb, events that are difficult to anticipate but would have a major impact on the world are referred to as:

• A) Forecasts
• B) Outliers
• C) Black Swan events
• D) Preferred future
• E) None of the above

Recognize the importance of individual and organizational learning for achieving competitive advantage.

Identify the principles and impact of corporate social responsibility and affirmative action on organizational culture and practices.

Describe the characteristics of a multicultural organization and the benefits it brings.

Differentiate between knowledge workers and other types of employees, and understand their role in organizational success.

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Definitions:

Fission

The division of a single entity into two or more parts and the regeneration of those parts into separate entities resembling the original.

Budding

Asexual reproduction in which a small part of the parent’s body separates from the rest and develops into a new individual; characteristic of yeasts and certain other organisms.

Basidia

Specialized spore-producing cells found in the reproductive structures of Basidiomycete fungi.

Asci

Asci are sac-like structures found in ascomycete fungi where the spores, called ascospores, are produced during sexual reproduction.