Regarding Change, a Firm Really Needs to

question 6

Multiple Choice

Regarding change, a firm really needs to

• A)understand and predict change.
• B)understand, predict, and manage change.
• C)understand, predict, manage change, and adapt its strategy to it.
• D)predict and manage change.

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Definitions:

Social Reality

The complex web of social norms, beliefs, and structures that shape our perception of the world and influence human behavior.

Assumptions

are accepted beliefs or statements taken for granted without proof, often forming the basis for arguments or decision-making.

Macrosociology

An approach in sociology that analyzes societies, systems, and populations on a large scale, focusing on social structures and institutions.

Economic Structures

The organization and interrelationship of different economic sectors and institutions within a society, shaping the distribution of resources and wealth.