Top management's ability to perceive and respond to changes in the environment or to initiate change and be first to take advantage of a new opportunity indicates the effectiveness of the organization as per the ________ approach.
A) external resource
B) transactional
C) internal systems
D) technical

Question

Quizplus · Accepted Answer

The external resource approach focuses on the ability of the organization to adapt to changes in the external environment, such as changes in market conditions or emerging trends. Top management's ability to perceive and respond to these changes or opportunities is crucial in this approach, as it determines the organization's effectiveness in adapting to a changing environment. The other three approaches focus on different aspects of the organization, such as its internal systems, technical abilities, or transactional processes, which may not directly relate to its ability to respond to external changes.

Top Management's Ability to Perceive and Respond to Changes in the Environment