In Order to Succeed in Today's World, Organizations Need to ________

question 61

Multiple Choice

In order to succeed in today's world, organizations need to ________.

• A) be more flexible in how work get done
• B) pace themselves when it comes to innovation
• C) strictly follow the top-down decision-making approach
• D) adopt narrowly-defined functional arrangements

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Definitions:

Exodus

A mass departure or migration of people from one location to another.

Resources

Resources refer to assets, materials, and inputs used in the production of goods and services, including natural, human, and capital resources.

Parity

The state of being equal or equivalent in terms of value, status, or quantity.

Government Price Supports

Financial subsidies or regulation mechanisms employed by governments to maintain the market price of a commodity or service above market level.