Multiple Choice
Which of the following is a difference between the blinded stage and the inaction stage of organizational decline?
A) In the blinded stage, managers find it difficult to change the practices and policies that previously led to success, whereas in the inaction stage, managers lack awareness about changes or are unable to understand their significance.
B) In the blinded stage, managers assume that if they just run a tighter ship, company performance will return to previous levels, whereas in the inaction stage, companies typically lack the resources to fully change how they run their businesses.
C) In the blinded stage, key managers fail to recognize the internal or external changes that will harm their companies, whereas in the inaction stage, management recognizes the need to change but still takes no steps.
D) In the blinded stage, management announces belt-tightening plans designed to cut costs, increase efficiency, and restore profits, whereas in the inaction stage, the company is dissolved through bankruptcy proceedings.
Correct Answer:
Verified
Correct Answer:
Verified
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