In the context of managerial approaches, which of the following is true of change?
A. The best managers today embrace change by moving from contemporary managerial approaches to classic
managerial approaches.
B. If one does not anticipate change and adapt to it, one’s firm will not thrive in a competitive business environment.
C. Management knowledge and practices remain constant in the face of change.
D. Change prevents businesses from achieving greater quality and speed.
E. Change is happening at a slower rate than at any other time in history.
Ans: B. If one does not anticipate change and adapt to it, one’s firm will not thrive in a competitive business environment.
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