The nature of work has changed and is now more complex and reliant on information than ever before. Given this shift, a greater understanding of which of the following is more important for organizations to succeed?
A) Teamwork
B) Learning
C) Intelligence
D) Management
B
Explanation: B) Understanding the process of learning is now more important than ever before because work is more complex and information-based. Organizations must continue to adapt and as the McCormick case shows, learning is a key component of changing for success.
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________ consists of items such as the current interest rates, housing starts, gross national product (GNP), disposable income estimates, or other economic indicators
A) Accounting data B) Internal data C) External data D) Financial data
A survey of 93 Fortune 500 firms found ten major problems that over half of the group experienced when they attempted to implement a strategic change. Which of the following is NOT one of the implementation problems?
A) ineffective coordination of activities B) uncontrollable external environmental factors C) time allocated for implementation was adequate, but was used inappropriately D) poor definition of key implementation tasks and activities E) crises that distracted attention away from implementation