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Miles and Snow suggest that organizations responding to uncertainty in the environment do so with one of four approaches.Name and describe these approaches, and provide an example of each.
Additional Revenues
Income received that is above and beyond the standard or expected revenue streams.
Hiring Employee
The process of finding, selecting, and appointing suitable candidates for jobs within an organization.
Signing Bonus
A one-time payment offered by employers to incentivize a candidate to accept a job offer.
Marginal Revenue Product
The extra income produced by using an additional unit of a resource.
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