Organizations are formed to create stability, steadiness, and predictable conditions. They try to constrain as much change as possible

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: This tendency toward stability allow an organization to deal effectively with exceptions, but that also means that the organization tries to constrain change as much as possible. This means that the skill of leading change runs contrary to what organizations are fundamentally designed to do.

Business

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Which of the following is true about investing to protect position in growth markets?

A) Protecting a share leadership position in a growth market requires a much lower investment in new products than would be required in a mature market. B) Growing markets are inherently prone to inducing share loss. C) The faster a market is growing, the lower the investment a company must make in marketing resources to protect share from new and existing competitors. D) There is a direct relationship between market share change and size of market share. E) The effects of market growth on market share change remain the same across industries.

Business

Calculate the average relative price of the product of a business that has a customer value of 36, and a below-average relative product quality of 114

A) -78 B) -36 C) 150 D) 78 E) 36

Business