Because the Pace of Change and Level of Uncertainty in the Marketplace

question 40

Multiple Choice

Because the pace of change and level of uncertainty in the marketplace are expected to accelerate,organizations are

• A) unable to react quickly enough to threats and opportunities.
• B) operating under increasing pressures to produce more products, faster, and with fewer resources.
• C) making fewer decisions and/or decisions less frequently.
• D) considering less information when making decisions.

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Definitions:

Performance

The act of carrying out a task or function, commonly evaluated in terms of its efficiency, effectiveness, and quality.

Being Proactive

Taking initiative by acting in advance of a future situation, rather than just reacting, to achieve positive outcomes.

Monitoring

The continuous and systematic process of tracking, analyzing, and responding to information or trends related to a specific topic, organization, or project.

Reacting

The process of responding or adjusting to stimuli, events, or actions, often implying a spontaneous or immediate response without prior planning.