According to Nutt and Backoff's Assessment of Organizational Contexts in Terms

question 37

Multiple Choice

According to Nutt and Backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, _____ organizations have a context in which visionary processes are likely to be most successful.

• A) rigid
• B) bold
• C) overmanaged
• D) liberated

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Definitions:

Flood Plains

Flat areas adjacent to rivers and streams that are subject to periodic flooding, often characterized by fertile soil.

Positive Correlation

A relationship between two variables in which both move in the same direction, meaning as one variable increases, the other also increases.

Moral Hazard

A situation in which one party is more likely to take risks because they do not bear the full consequences of their actions, often due to information asymmetry.

Deductible

The amount paid out of pocket by the policyholder before an insurance company pays a claim.