Given a Choice, Most Managers Would Prefer to Operate in Environments

question 116

Multiple Choice

Given a choice, most managers would prefer to operate in environments that are __________.

• A) simple and stable
• B) simple and dynamic
• C) complex and dynamic
• D) complex and stable
• E) dynamic and flexible

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Definitions:

Transforming Business

The process of fundamentally changing the systems, processes, people, or technologies within a company to achieve measurable improvements in efficiency, effectiveness, and stakeholder satisfaction.

Learning Organisation

An organization that actively fosters a culture of continuous learning, enabling it to adapt and evolve in fast-changing environments.

Peter Senge

A systems scientist and senior lecturer at MIT, known for his work on learning organizations and the author of "The Fifth Discipline."

Self-Interest

An individual's actions and decisions guided by personal gain or benefit, often considered a motivating factor in economic theory.