Which of the Following Is One of the Strategies That

question 94

Multiple Choice

Which of the following is one of the strategies that managers can use to cope with high uncertainty and heavy information demand's in today's environments?

• A) limit horizontal relationships
• B) reduce the need for information
• C) avoid depending on the experience of the organization's human needs
• D) cut spending on information systems
• E) eliminate stack resources

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Definitions:

Innovation Lag

The delay between the introduction of a new idea, process, or product and its acceptance or implementation in the market or society.

New Idea

A novel concept, thought, or innovation that has not been previously implemented or explored.

Consumer Demand

The desire and willingness of consumers to purchase goods and services at a given price.

Demographics

Demographics refer to statistical data relating to the population and the particular groups within it, often used to identify market segments.