Managers Feel Confident That They Can Understand, Predict, and React

question 40

Multiple Choice

Managers feel confident that they can understand, predict, and react to the external forces affecting their businesses when:

• A) resource scarcity is low.
• B) environmental change is extensive.
• C) the industry is not at an equilibrium state.
• D) environmental complexity is high.

---

Definitions:

Extracting Meaning

The process of deriving significant and relevant information from data, texts, or various sources.

Evaluation

Evaluation involves systematically assessing a process, project, or system's performance, effectiveness, or value, typically to inform decision-making or improvements.

Discrete Metric

A way of quantifying the difference between elements in a dataset where the data points are distinct and separate.