Question

Select the statements that accurately describe the business environment feature of complexity:

i. The business environment is simple and easy to analyze.
ii. Multiple interconnected factors make predicting future events difficult.
iii. Businesses need to be flexible due to the uncertainty and rapid changes in the environment.

• A. ii and iii
• B. i and ii
• C. i and iii
• D. Only iii

Answer 1

Answer:

A. ii and iii

• Statement i is incorrect; complexity means the environment is not simple. Statements ii and iii are valid since many interconnected factors and uncertainties demand flexibility from organizations.