Which of the Following Is Not a Way That Companies

question 6

Multiple Choice

Which of the following is not a way that companies can avoid failure?

• A) Benchmarking
• B) Continuous learning
• C) Developing distinctive competencies
• D) Exploiting luck
• E) Following rigid business processes

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Definitions:

Relationship With Boss

The dynamic, interactions, and feelings between an employee and their direct supervisor or manager in the workplace.

Employee Empowerment

A management practice of sharing power and authority with employees, enabling them to take initiative and make decisions in their roles.

Strategic Contingency

An approach that emphasizes the importance of fitting an organization's strategies to its external environment, adapting to and preparing for unforeseen events.

Dominant Interest Groups

influential groups that have significant power or influence in shaping public policy, opinion, or decision-making processes.