The Processual Approaches Is Similar to Contingency Theory in That

question 27

Multiple Choice

The processual approaches is similar to contingency theory in that both assume that:

• A) change unfolds differently over time and according to the context in which the organization finds itself.
• B) change should not and cannot be solidified.
• C) change should be seen as a series of linear events that occur within a given period of time.
• D) change is inevitable, and therefore, strategic planning is a massive waste of time and resources.

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Definitions:

Increased Demand

A situation where the quantity of a product or service that consumers are willing and able to buy at a given price rises.

European Union

A political and economic union of 27 member states located primarily in Europe, aiming to facilitate free movement of goods, services, and people.

U.S. Products

Goods and services that are produced, manufactured, or assembled within the United States.

Long-term Capital Inflows

The movement of capital into a country over an extended period, often used for investment in major projects or to boost foreign reserves.