The old adage “nothing is constant but change” implies that organizations are always in a state of flux and business leaders cannot necessarily keep pace with the rate of change. Thus, which of the following statements do you consider the most accurate.Multiple Choice This observation indicates that business leaders’ ability to make effective decisions is limited by an uncertain future. The use of evidence-based analytical tools is necessary to assess current situations and improve the quality of strategic decision making. Considering the accelerated rate of change in today’s business climate, a permanent title of change manager should be adopted in organizations to scan the environment. None of the above.

The objective of the question is to identify the most accurate statement that reflects the…

Answered: The old adage “nothing is constant but…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

The old adage “nothing is constant but change” implies that organizations are always in a state of flux and business leaders cannot necessarily keep pace with the rate of change. Thus, which of the following statements do you consider the most accurate.

Multiple Choice

This observation indicates that business leaders’ ability to make effective decisions is limited by an uncertain future.
The use of evidence-based analytical tools is necessary to assess current situations and improve the quality of strategic decision making.
Considering the accelerated rate of change in today’s business climate, a permanent title of change manager should be adopted in organizations to scan the environment.
None of the above.