One of the challenges of an ambidexterity in a firm is that it must ensure that it remains proactive in expanding or modifying its product-market scope to anticipate and satisfy market conditions.

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


True

Ambidextrous organizational designs incorporate two contradictory challenges faced by managers today. First, managers must explore new opportunities and adjust to volatile markets in order to avoid complacency. They must ensure that they maintain adaptability and remain proactive in expanding and/or modifying their product-market scope to anticipate and satisfy market conditions. Such competencies are especially challenging when change is rapid and unpredictable.

Business

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Most companies would prefer to remain domestic if their domestic market were large enough. Yet several factors are drawing more and more companies into the international arena. List some of these factors

What will be an ideal response?

Business

The European Commission is the __________ of the European Union

a. executive branch b. legislative branch c. administrative agency d. police arm

Business

A numerical measure of linear association between two variables is the _____

a. variance b. covariance c. standard deviation d. coefficient of variation

Business

We check for normality by drawing a pie chart of the residuals

Indicate whether the statement is true or false

Business