Author Question: Organizations following a(n) ________ strategy try to both minimize risk and maximize opportunity ... (Read 82 times)

tatyanajohnson

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Organizations following a(n) ________ strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability.
 
  A) innovation
  B) cost-cutting
  C) imitation
  D) organic
  E) mechanistic

Question 2

What are the seven key parts of the communication process?
 
  What will be an ideal response?


JYan

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Answer to Question 1

C
Explanation: C) Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, introducing new products or entering new markets only after innovators have proven their viability.

Answer to Question 2

The seven key parts of the communication process are (1 ) the sender, (2 ) encoding, (3 ) the message, (4 ) the channel, (5 ) decoding, (6 ) the receiver, (7 ) noise, and (8 ) feedback. The sender initiates a message by encoding a thought. The message is the actual physical product of the sender's encoding. The channel is the medium through which the message travels. The receiver is the person(s) to whom the message is directed, who must first translate the symbols into understandable form. This step is the decoding of the message. Noise represents communication barriers that distort the clarity of the message. The final link in the communication process is a feedback loop. Feedback is the check on how successful we have been in transferring our messages as originally intended.



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