The Tendency of Firms to Be Slow to Respond to Changes

question 18

Multiple Choice

The tendency of firms to be slow to respond to changes in the industry environment due to their large size,established routines,or prior strategic commitments to existing suppliers and customers is known as:

• A) organizational passivity.
• B) organizational lethargy.
• C) incumbent inertia.
• D) incumbent apathy.

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Definitions:

"Nonperson" Treatment

A social or interpersonal interaction where an individual is treated as if they are invisible or not worthy of recognition or respect.

Hospital Routine

The daily schedule and procedural operations carried out in a hospital to ensure efficient and effective patient care and management.

Hospital Errors

Mistakes made in hospitals that can lead to patient harm, ranging from medication errors to surgical complications.

Patient Safety

The discipline concerned with preventing and reducing the risk of harm or errors to patients during the provision of health care.