According to Boyd et al., a(n) _____ occurs when the environment is (objectively) stable, but managers perceive it as turbulent and take (unnecessary) actions.
A) type 1 error
B) type 2 error
C) institutional error
D) transactional error

Question

Quizplus · Accepted Answer

A type 1 error occurs when there is a false positive or a perceived effect that is not actually present. In this case, managers perceive the environment as turbulent when it is objectively stable, leading to unnecessary actions.

According to Boyd Et Al