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Management · Q162

Strategic Management

Graduate and Post Graduate · Management · question 162

Q162

Which of the following is a skill required by organizations to deal with competitive chaos?

A.
The ability to share information among all managers
B.
The ability to operate efficiently and effectively
C.
The ability to discern patters in the dynamic environment and competitive chaos, and spot opportunities ahead of rivals
Answer
D.
The ability to benchmark competitors

Answer: Option C

Solution

Answer: Option C
Solution:
The ability to discern patters in the dynamic environment and competitive chaos, and spot opportunities ahead of rivals is a skill required by organizations to deal with competitive chaos.