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Questions and Answers
VUCA stands for Volatile, Uncertain, Complex, and Ambiguous?
VUCA stands for Volatile, Uncertain, Complex, and Ambiguous?
True (A)
The industry environment refers to the five competitive forces that confront any participant in the industry?
The industry environment refers to the five competitive forces that confront any participant in the industry?
True (A)
The external environment includes politico-legal, socio-cultural, economic, demographic, global, natural, and other factors?
The external environment includes politico-legal, socio-cultural, economic, demographic, global, natural, and other factors?
True (A)
VUCA translates to decreased organizational risk for existing and new offerings of organizations?
VUCA translates to decreased organizational risk for existing and new offerings of organizations?
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Operations Management (OM) plays a role in Porter's Value Chain Framework?
Operations Management (OM) plays a role in Porter's Value Chain Framework?
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