Johnny of the Taxi Co

question 17

Multiple Choice

Johnny of the Taxi Co.,runs a tight business,demands high standards of his drivers and keeps his cabs in excellent working condition.However,he cannot predict when one of his 38 cabs will break down or get a flat tire and how much it will cost the company - not to mention the irate customer.Johnny has ________.

• A)transaction uncertainty
• B)buying uncertainty
• C)market uncertainty
• D)need uncertainty

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Definitions:

Complex Organizations

Large-scale entities with multiple layers of bureaucracy, diverse functions, and structured hierarchies designed to achieve specific objectives.

Organizational Communication

The process through which individuals within an organization share information, ideas, and goals to achieve the organization's objectives.

Corporate Values

Fundamental beliefs or principles that guide an organization's actions and decision-making processes, influencing its culture and public image.