Which of the following statements inaccurately describe environment richness?
A) Economic conditions are improving.
B) More organizations survive, even if they have poorly functioning organizational designs.
C) The environment is filled with more opportunities and dynamism, and the potential for change.
D) Suppliers are willing to invest in an organization's future.
E) Customers are spending less money.

Question

Quizplus · Accepted Answer

The statement "Customers are spending less money" is unrelated to environment richness. Environment richness refers to the degree to which an organization's external environment is complex and heterogeneous. Factors such as economic conditions, organizational design, opportunities, dynamism, and supplier investment are all indicators of environment richness.

Which of the Following Statements Inaccurately Describe Environment Richness