Environmental Uncertainty (Scenario)
It is safe to say that managers do not have complete control over organizational outcomes; the environment has a significant impact. It is important for managers to learn both what the components of the environment are and how the environment will affect their organizations.
-An online brokerage company such as E*TRADE that is dealing with many environmental components and requires a high level of knowledge about Internet operations is operating in a highly ________ environment.

Question

Quizplus · Accepted Answer

A complex environment is one that is characterized by many environmental components that are interdependent and constantly changing. In the case of an online brokerage company like E*TRADE, they are dealing with many factors such as changing regulations, evolving technology, and intense competition from other online trading platforms, which makes their environment complex. Additionally, given that they operate in the online space, they require a high level of knowledge about Internet operations, which adds to the complexity.

Environmental Uncertainty (Scenario) It Is Safe to Say That Managers Do Not Have