In the context of managerial approaches, which of the following is true of change?
A) The best managers today embrace change by drawing on 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

The essential facts about change are these: First, change is happening more rapidly and dramatically than at any other time in history. Second, if you don't anticipate change and adapt to it, you and your firm will not thrive in a competitive business world.

In the Context of Managerial Approaches, Which of the Following