Building a Dynamic Organization Is Another Way of Describing Which

question 62

Multiple Choice

Building a dynamic organization is another way of describing which function of management?

• A) Planning.
• B) Organizing.
• C) Leading.
• D) Controlling.
• E) Staffing.

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Definitions:

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.

Interdependent

A situation where entities or individuals depend on each other, often seen in economic and social settings.

Oligopoly

A market structure in which a few firms dominate the market, leading to a high level of market concentration.

Oligopolistic Industry

A market structure characterized by a small number of firms whose decisions affect and are affected by each other, leading to strategic behavior and interdependence.