What is adaptiveness and its importance to an organization?
What will be an ideal response?
Adaptiveness is the extent to which the organization can and does respond to internal and external changes. Adaptiveness in this context refers to management's ability to sense changes in the environment as well as changes within the organization itself. Ineffectiveness in achieving production, efficiency, and satisfaction can signal the need to adapt managerial practices and policies. Or the environment may demand different outputs or provide different inputs, thus necessitating change. To the extent that the organization cannot or does not adapt, its survival is jeopardized.
You might also like to view...
Use the direct approach for negative messages, if the message will have a relatively minor impact on the audience
Indicate whether the statement is true or false.
The following information has been gathered for the Door Division: Return on investment (ROI) 15.0% Sales$120,000 Operating assets$60,000 Cost of Capital 12.0% Profit margin 7.5% What is the Door Division's residual income?
A. $1,800. B. $5,400. C. $2,700. D. $3,600.
________ refers to a market-coverage strategy in which a firm decides to ignore market segment differences and go after the whole market with one offer
A) Individual marketing B) Local marketing C) Niche marketing D) Undifferentiated marketing E) Segmented marketing
In parameter analysis a new idea is developed through a list of related issues or suggestions.
Answer the following statement true (T) or false (F)