The level of ____ faced by organizations is determined by the degree of homogeneity and the degree of change in their environments.
A) uncertainty
B) environmental turbulence
C) complexity
D) competitive forces
E) tangibility

Question

Quizplus · Accepted Answer

Uncertainty is the level of unpredictability or ambiguity in the business environment, which is influenced by the degree of homogeneity (similarity) and the degree of change in their environments. In a heterogeneous and rapidly changing environment, uncertainty is higher, while in a homogeneous and stable environment, uncertainty is lower. Therefore, the level of uncertainty faced by organizations is determined by the degree of homogeneity and change in their environments.

The Level of ____ Faced by Organizations Is Determined by the Degree