Managers feel confident that they can understand, predict, and react to the external forces affecting their businesses when:
A) resource scarcity is low.
B) environmental change is extensive.
C) the industry is not at an equilibrium state.
D) environmental complexity is high.

Question

Quizplus · Accepted Answer

Managers feel more confident in understanding, predicting, and reacting to external forces when resource scarcity is low because it implies a more stable and predictable environment with fewer constraints on resources.

Managers Feel Confident That They Can Understand, Predict, and React