The Fact That Many Organizations Were Caught Off-Guard by the Recent

question 28

Multiple Choice

The fact that many organizations were caught off-guard by the recent economic downturn reflects that:

• A) It is impossible to prepare for future situations.
• B) There is a tendency to ignore negative outcomes when creating future scenarios.
• C) "What if" questions are actually not that useful.
• D) Managers usually wait until it is too late to implement strategic initiatives.

---

Definitions:

Scoop.It

An online content curation platform that allows users to discover, curate, and publish content on specific topics.

Voice of the Crowd

The collective opinions or sentiments of a group of people, often used to describe public opinion on social media or other platforms.

Yelp

A platform that allows users to publish reviews and rate businesses, particularly in the hospitality and service sectors.

Virtual Reality

A computer-generated simulation of a three-dimensional environment that can be interacted with in a seemingly real or physical way through special electronic equipment.