A Failure to Develop a Strategy That Incorporates ________ May

question 86

Multiple Choice

A failure to develop a strategy that incorporates ________ may doom a firm to obsolescence.

• A)hierarchical bureaucracy
• B)many layers of middle management
• C)classic production methods
• D)technological advances
• E)closed communication systems

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Definitions:

Institutions

Established societal practices and organizations that structure behavior and interactions within a community or society.

Consensus Theories

Sociological theories that emphasize the role of shared norms and values in maintaining order and stability in society.

Shared Norms

Are collectively upheld rules and expectations regarding appropriate behavior within a society or group, guiding members in their interactions.

Tacit Agreements

Unspoken understandings or contracts between parties, often based on common norms or expectations rather than explicit communication.