In the context of managerial approaches, which of the following is true of change?
A) The best managers today embrace change by moving from contemporary managerial approaches to classic managerial approaches.
B) If one does not anticipate change and adapt to it, one's firm will not thrive in a competitive business environment.
C) Management knowledge and practices remain constant in the face of change.
D) Change prevents businesses from achieving greater quality and speed.
E) Change is happening at a slower rate than at any other time in history.

Question

Quizplus · Accepted Answer

Change is inevitable in today's dynamic business environment. Managers who anticipate change and adapt to it are more likely to succeed in the market. Remaining stagnant and refusing to change can lead to failure for businesses.

In the Context of Managerial Approaches, Which of the Following