Answered: Which of the following requires a high…

Which of the following requires a high variety of responses in a complex environment? A. collective efficiency B. collective learning оо C. collective risk-taking D. collective intersection

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which of the following requires a high variety of responses in a complex environment?
A. collective efficiency
B. collective learning
C. collective risk-taking
D. collective intersection

Expert Solution

Step 1

Meaning of complex environment:-

A complex environment is nothing but it refers to a situation or setting that is characterized by a large number of variables and interdependent factors that interact in intricate ways.

Complex environment often have multiple, competing objectives and stakeholders and they can be unpredictable and challenging to understand and manage.

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