Thoroughly understanding that the system is dynamic should have which of the following impacts on organizations?

a. Leaders should understand that they can only focus on so much and choose one aspect of the external environment to focus on well
b. Since external factors are changing, internal systems need to change also
c. The patterns of thinking that have developed over time are reliable as new conditions arise
d. No matter what changes in the environment, the same people in an organization will always have the most influence


b. Since external factors are changing, internal systems need to change also

Business

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A structured questionnaire is given to a sample of a population and is designed to elicit specific information from respondents when using the ________

A) focus group method B) exploratory method C) survey method D) sampling method E) motivation elicitation technique

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There are more options available for reducing project time if you are not resource constrained.

Answer the following statement true (T) or false (F)

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One of the best ways to control a petty cash fund is through an imprest system

Indicate whether the statement is true or false

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John opened All-for-Shop, a small retail outlet, in his neighborhood. He could not sustain it for more than a year because of huge losses and chose to shut it down. Fortunately, he did not have any creditors. Which of the following does the situation describe?

A. Foreclosure B. Bankruptcy C. Personal failure D. Formal failure

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