Summarize the four different approaches that organizations can take in adapting to environmental uncertainty.
What will be an ideal response?
Ans: An organization should adopt a decentralized, bureaucratic approach with standardized skills for managing
uncertainty in a complex and stable environment. An organization should adopt a decentralized, organic approach
with mutual adjustment for managing uncertainty in a complex and dynamic environment. An organization should
adopt a centralized, bureaucratic approach with standardized work processes for managing uncertainty in a simple
and stable environment. An organization should adopt a centralized, organic approach with direct supervision for
managing uncertainty in a simple and dynamic environment.
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In the one-period valuation model, a stock's value falls if the ________ rises
A) dividend B) expected future price C) required return on equity D) current price
In 1955, General Electric was the country's biggest company with nearly $10 billion in sales
Indicate whether the statement is true or false