Firms May Fail to Accurately Assess Sources of Revenue and Profits

question 66

True/False

Firms may fail to accurately assess sources of revenue and profits in their value chain. This might be a result of an unbiased manager.

---

Definitions:

Prescriptive

Pertaining to rules or guidelines that recommend or dictate specific behaviors or actions to achieve desired outcomes.

Directive

A leadership approach characterized by providing clear instructions, setting standards, and monitoring performance, often focusing on task achievement.

Descriptive

Characterizing the use of words or illustrations to convey the characteristics or details of something.

Adaptive Work

Efforts undertaken to tackle complex challenges that require new learning and changes in behavior.