Lack of sufficient information about environmental factors that can affect the organization can result in in 'Environmental Uncertainty.' Such environmental uncertainty makes it challenging to take startegic decisions because in such cases it is very difficult to predict how the external environment will change in the future. True False
Lack of sufficient information about environmental factors that can affect the organization can result in in 'Environmental Uncertainty.' Such environmental uncertainty makes it challenging to take startegic decisions because in such cases it is very difficult to predict how the external environment will change in the future.
True
False
Environmental uncertainty refers to a situation where organizations face challenges in making decisions due to a lack of information or unpredictability in the external environment. It can be caused by a variety of factors, including changes in economic conditions, technological advancements, government policies, social trends, and natural disasters.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
