In the economic meltdown of 2008, most American managers assumed the role of omnipotent managers by failing to take responsibility for events and blaming problems on "external circumstances."

Question

Quizplus · Accepted Answer

The statement is incorrect because omnipotent managers are those who take full responsibility for their organization's outcomes, whether good or bad, rather than blaming external circumstances. During the 2008 economic meltdown, many managers were criticized for not taking responsibility and instead attributing failures to external factors.

In the Economic Meltdown of 2008, Most American Managers Assumed