Changes Needed to Adapt to Environmental Changes

question 36

Multiple Choice

Changes needed to adapt to environmental changes: 

• A) are easier in established organizations because of inertia.
• B) can be avoided by late entry.
• C) are more difficult because of the tendency to escalate commitment.
• D) don't affect smaller organizations.

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Definitions:

Mercantilism

An economic theory and practice prevailing in Europe from the 16th to the 18th century, promoting governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers.

Olaudah Equiano

An African writer and abolitionist who was enslaved as a child, bought his freedom, and wrote an autobiography detailing his experiences.

Eighteenth Century

The century that spans from January 1, 1701, to December 31, 1800, marked by significant events including the Enlightenment, the American Revolutionary War, and the beginning of the Industrial Revolution.